Fonville Wealth Management LLC Makes New $387,000 Investment in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Fonville Wealth Management LLC purchased a new position in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 18,697 shares of the company’s stock, valued at approximately $387,000.

Other institutional investors have also recently bought and sold shares of the company. Charles Schwab Investment Advisory Inc. boosted its stake in shares of Schwab U.S. REIT ETF by 4.1% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 51,402,992 shares of the company’s stock valued at $912,403,000 after purchasing an additional 2,010,996 shares in the last quarter. Financial Engines Advisors L.L.C. raised its holdings in shares of Schwab U.S. REIT ETF by 4.2% in the third quarter. Financial Engines Advisors L.L.C. now owns 47,357,977 shares of the company’s stock valued at $840,604,000 after buying an additional 1,921,502 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 6.9% in the third quarter. Charles Schwab Investment Management Inc. now owns 25,368,131 shares of the company’s stock valued at $450,284,000 after buying an additional 1,633,614 shares during the last quarter. US Bancorp DE raised its holdings in shares of Schwab U.S. REIT ETF by 3.7% in the third quarter. US Bancorp DE now owns 24,466,914 shares of the company’s stock valued at $434,290,000 after buying an additional 882,861 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. bought a new position in shares of Schwab U.S. REIT ETF in the third quarter valued at about $105,854,000.

Schwab U.S. REIT ETF Trading Up 0.1 %

Shares of Schwab U.S. REIT ETF stock traded up $0.02 during trading on Thursday, reaching $18.55. The company’s stock had a trading volume of 4,314,384 shares, compared to its average volume of 3,439,431. The stock has a market capitalization of $5.95 billion, a P/E ratio of 26.71 and a beta of 0.99. Schwab U.S. REIT ETF has a one year low of $16.63 and a one year high of $20.95. The stock has a 50-day moving average price of $19.86 and a two-hundred day moving average price of $19.35.

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.