Focus Financial Network Inc. Sells 1,309 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Focus Financial Network Inc. decreased its position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 3.5% during the 4th quarter, HoldingsChannel.com reports. The fund owned 35,747 shares of the company’s stock after selling 1,309 shares during the period. Focus Financial Network Inc.’s holdings in Schwab U.S. REIT ETF were worth $753,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. US Bancorp DE raised its stake in Schwab U.S. REIT ETF by 1.2% during the third quarter. US Bancorp DE now owns 27,594,397 shares of the company’s stock worth $639,366,000 after acquiring an additional 319,666 shares in the last quarter. FMR LLC grew its holdings in shares of Schwab U.S. REIT ETF by 49,667.6% during the 3rd quarter. FMR LLC now owns 24,645,889 shares of the company’s stock valued at $571,045,000 after purchasing an additional 24,596,367 shares during the last quarter. Cerity Partners LLC increased its position in Schwab U.S. REIT ETF by 15.5% during the 3rd quarter. Cerity Partners LLC now owns 3,294,126 shares of the company’s stock worth $76,325,000 after purchasing an additional 442,762 shares in the last quarter. Rational Advisors LLC increased its position in Schwab U.S. REIT ETF by 12.8% during the 3rd quarter. Rational Advisors LLC now owns 1,963,100 shares of the company’s stock worth $45,485,000 after purchasing an additional 222,456 shares in the last quarter. Finally, Apollon Wealth Management LLC lifted its stake in Schwab U.S. REIT ETF by 1.3% in the 4th quarter. Apollon Wealth Management LLC now owns 1,085,766 shares of the company’s stock valued at $22,866,000 after purchasing an additional 14,188 shares during the last quarter.

Schwab U.S. REIT ETF Stock Performance

NYSEARCA SCHH opened at $21.43 on Thursday. The firm’s fifty day moving average price is $21.29 and its two-hundred day moving average price is $22.10. The stock has a market cap of $6.80 billion, a PE ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a fifty-two week low of $18.45 and a fifty-two week high of $23.66.

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.