Schwab U.S. REIT ETF (NYSEARCA:SCHH) Shares Bought by Tortoise Investment Management LLC

Tortoise Investment Management LLC boosted its holdings in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 485,005 shares of the company’s stock after buying an additional 4,411 shares during the quarter. Schwab U.S. REIT ETF accounts for 1.4% of Tortoise Investment Management LLC’s investment portfolio, making the stock its 21st largest position. Tortoise Investment Management LLC’s holdings in Schwab U.S. REIT ETF were worth $10,044,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the business. Charles Schwab Investment Advisory Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 1.9% in the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 52,388,706 shares of the company’s stock valued at $1,084,970,000 after purchasing an additional 985,714 shares in the last quarter. Financial Engines Advisors L.L.C. raised its stake in Schwab U.S. REIT ETF by 4.2% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 47,357,977 shares of the company’s stock worth $840,604,000 after acquiring an additional 1,921,502 shares in the last quarter. US Bancorp DE raised its stake in Schwab U.S. REIT ETF by 2.5% during the 4th quarter. US Bancorp DE now owns 25,070,602 shares of the company’s stock worth $519,215,000 after acquiring an additional 603,688 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its stake in Schwab U.S. REIT ETF by 1.5% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,055,072 shares of the company’s stock worth $125,401,000 after acquiring an additional 91,491 shares in the last quarter. Finally, Cerity Partners LLC raised its stake in Schwab U.S. REIT ETF by 165.7% during the 4th quarter. Cerity Partners LLC now owns 5,910,260 shares of the company’s stock worth $122,401,000 after acquiring an additional 3,685,437 shares in the last quarter.

Schwab U.S. REIT ETF Trading Up 0.1 %

NYSEARCA:SCHH traded up $0.02 during midday trading on Friday, hitting $19.96. 1,920,482 shares of the company were exchanged, compared to its average volume of 3,325,451. The company has a fifty day simple moving average of $19.40 and a 200 day simple moving average of $19.83. Schwab U.S. REIT ETF has a fifty-two week low of $16.63 and a fifty-two week high of $20.95. The company has a market capitalization of $6.33 billion, a PE ratio of 26.49 and a beta of 0.97.

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.