Tortoise Investment Management LLC Sells 1,941 Shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Tortoise Investment Management LLC cut its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 0.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 516,416 shares of the company’s stock after selling 1,941 shares during the quarter. Schwab U.S. REIT ETF comprises about 1.1% of Tortoise Investment Management LLC’s holdings, making the stock its 27th biggest holding. Tortoise Investment Management LLC’s holdings in Schwab U.S. REIT ETF were worth $10,876,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the stock. Rialto Wealth Management LLC bought a new position in Schwab U.S. REIT ETF in the 4th quarter worth $242,000. Lifeworks Advisors LLC increased its stake in shares of Schwab U.S. REIT ETF by 26.5% in the 4th quarter. Lifeworks Advisors LLC now owns 15,168 shares of the company’s stock worth $319,000 after acquiring an additional 3,174 shares in the last quarter. Larson Financial Group LLC increased its stake in shares of Schwab U.S. REIT ETF by 310.1% in the 4th quarter. Larson Financial Group LLC now owns 8,317 shares of the company’s stock worth $175,000 after acquiring an additional 6,289 shares in the last quarter. Jackson Creek Investment Advisors LLC increased its stake in shares of Schwab U.S. REIT ETF by 2.6% in the 4th quarter. Jackson Creek Investment Advisors LLC now owns 147,474 shares of the company’s stock worth $3,106,000 after acquiring an additional 3,696 shares in the last quarter. Finally, Strategic Family Wealth Counselors L.L.C. increased its stake in shares of Schwab U.S. REIT ETF by 21.1% in the 4th quarter. Strategic Family Wealth Counselors L.L.C. now owns 12,487 shares of the company’s stock worth $263,000 after acquiring an additional 2,173 shares in the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of Schwab U.S. REIT ETF stock opened at $21.83 on Monday. The company has a 50-day moving average of $21.33 and a 200 day moving average of $22.12. The firm has a market cap of $7.62 billion, a price-to-earnings ratio of 33.75 and a beta of 1.06. Schwab U.S. REIT ETF has a 1 year low of $18.45 and a 1 year high of $23.66.

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.