MidWestOne Financial Group Inc. Reduces Position in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

MidWestOne Financial Group Inc. decreased its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 23.4% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,787 shares of the company’s stock after selling 3,910 shares during the period. MidWestOne Financial Group Inc.’s holdings in Schwab U.S. REIT ETF were worth $255,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. Charles Schwab Investment Advisory Inc. increased its position in Schwab U.S. REIT ETF by 2.8% during the first quarter. Charles Schwab Investment Advisory Inc. now owns 53,860,915 shares of the company’s stock worth $1,093,377,000 after buying an additional 1,472,209 shares in the last quarter. US Bancorp DE grew its position in shares of Schwab U.S. REIT ETF by 4.6% in the second quarter. US Bancorp DE now owns 27,274,731 shares of the company’s stock valued at $544,680,000 after purchasing an additional 1,201,620 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in shares of Schwab U.S. REIT ETF by 7.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 6,837,684 shares of the company’s stock valued at $136,549,000 after purchasing an additional 480,848 shares during the period. Moisand Fitzgerald Tamayo LLC grew its position in shares of Schwab U.S. REIT ETF by 9.4% in the first quarter. Moisand Fitzgerald Tamayo LLC now owns 1,244,689 shares of the company’s stock valued at $25,267,000 after purchasing an additional 106,505 shares during the period. Finally, Hantz Financial Services Inc. purchased a new stake in shares of Schwab U.S. REIT ETF in the second quarter valued at $23,895,000.

Schwab U.S. REIT ETF Stock Up 0.2 %

Shares of NYSEARCA:SCHH opened at $23.01 on Friday. The company has a market cap of $7.30 billion, a P/E ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 52 week low of $16.63 and a 52 week high of $23.66. The business has a fifty day simple moving average of $22.27 and a 200-day simple moving average of $20.61.

Schwab U.S. REIT ETF Company Profile

The Schwab U.S. REIT ETF (SCHH) is an exchange-traded fund that is based on the Dow Jones Equity All REIT Capped index, a market-cap-weighted index of US real estate investment trusts, excluding mortgage REITs and hybrid REITs. SCHH was launched on Jan 13, 2011 and is managed by Charles Schwab.