PNC Financial Services Group Inc. Has $19.31 Million Stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

PNC Financial Services Group Inc. lowered its stake in Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 4.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 916,850 shares of the company’s stock after selling 39,360 shares during the period. PNC Financial Services Group Inc.’s holdings in Schwab U.S. REIT ETF were worth $19,309,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. JNBA Financial Advisors bought a new stake in shares of Schwab U.S. REIT ETF during the 4th quarter worth $28,000. CENTRAL TRUST Co bought a new stake in Schwab U.S. REIT ETF during the fourth quarter valued at about $30,000. West Oak Capital LLC boosted its holdings in Schwab U.S. REIT ETF by 794.9% during the fourth quarter. West Oak Capital LLC now owns 23,590 shares of the company’s stock valued at $47,000 after acquiring an additional 20,954 shares during the period. AlphaCore Capital LLC grew its position in shares of Schwab U.S. REIT ETF by 329.7% in the third quarter. AlphaCore Capital LLC now owns 2,492 shares of the company’s stock valued at $58,000 after purchasing an additional 1,912 shares during the last quarter. Finally, Sound Income Strategies LLC increased its stake in shares of Schwab U.S. REIT ETF by 266.9% in the fourth quarter. Sound Income Strategies LLC now owns 2,785 shares of the company’s stock worth $59,000 after purchasing an additional 2,026 shares during the period.

Schwab U.S. REIT ETF Stock Down 1.0 %

Shares of NYSEARCA:SCHH opened at $21.61 on Tuesday. The company has a market cap of $7.54 billion, a price-to-earnings ratio of 33.75 and a beta of 1.06. The business has a 50 day moving average price of $21.35 and a 200 day moving average price of $22.12. Schwab U.S. REIT ETF has a twelve month low of $18.45 and a twelve month high of $23.66.

Schwab U.S. REIT ETF 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.