Creative Planning Sells 1,221,546 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Creative Planning decreased its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 4.3% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 27,254,533 shares of the company’s stock after selling 1,221,546 shares during the quarter. Creative Planning owned approximately 8.59% of Schwab U.S. REIT ETF worth $544,273,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Charles Schwab Investment Advisory Inc. grew its holdings in Schwab U.S. REIT ETF by 2.8% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 53,860,915 shares of the company’s stock valued at $1,093,377,000 after buying an additional 1,472,209 shares in the last quarter. US Bancorp DE lifted its stake in Schwab U.S. REIT ETF by 4.6% in the 2nd quarter. US Bancorp DE now owns 27,274,731 shares of the company’s stock worth $544,680,000 after purchasing an additional 1,201,620 shares in the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in Schwab U.S. REIT ETF by 7.6% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,837,684 shares of the company’s stock worth $136,549,000 after purchasing an additional 480,848 shares in the last quarter. Moisand Fitzgerald Tamayo LLC boosted its holdings in Schwab U.S. REIT ETF by 9.4% in the 1st 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 position in shares of Schwab U.S. REIT ETF during the 2nd quarter valued at $23,895,000.

Schwab U.S. REIT ETF Stock Performance

Shares of SCHH stock opened at $23.01 on Friday. The company has a market capitalization of $7.30 billion, a PE 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’s fifty day moving average is $22.27 and its 200 day moving average is $20.61.

About Schwab U.S. REIT ETF

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.