Axxcess Wealth Management LLC Invests $307,000 in Schwab U.S. REIT ETF (NYSEARCA:SCHH)

Axxcess Wealth Management LLC acquired a new position in Schwab U.S. REIT ETF (NYSEARCA:SCHH) in the fourth quarter, Holdings Channel.com reports. The fund acquired 14,803 shares of the company’s stock, valued at approximately $307,000.

Other institutional investors have also recently made changes to their positions in the company. Larson Financial Group LLC raised its stake in Schwab U.S. REIT ETF by 84.2% in the 4th quarter. Larson Financial Group LLC now owns 1,483 shares of the company’s stock worth $31,000 after acquiring an additional 678 shares during the last quarter. D.B. Root & Company LLC raised its stake in Schwab U.S. REIT ETF by 2.8% in the 3rd quarter. D.B. Root & Company LLC now owns 25,160 shares of the company’s stock worth $447,000 after acquiring an additional 693 shares during the last quarter. Benjamin Edwards Inc. raised its stake in Schwab U.S. REIT ETF by 8.9% in the 4th quarter. Benjamin Edwards Inc. now owns 8,967 shares of the company’s stock worth $186,000 after acquiring an additional 732 shares during the last quarter. Ausdal Financial Partners Inc. raised its stake in Schwab U.S. REIT ETF by 7.2% in the 4th quarter. Ausdal Financial Partners Inc. now owns 11,181 shares of the company’s stock worth $232,000 after acquiring an additional 753 shares during the last quarter. Finally, IVC Wealth Advisors LLC raised its stake in Schwab U.S. REIT ETF by 6.0% in the 4th quarter. IVC Wealth Advisors LLC now owns 13,446 shares of the company’s stock worth $278,000 after acquiring an additional 760 shares during the last quarter.

Schwab U.S. REIT ETF Price Performance

Shares of SCHH stock opened at $19.23 on Thursday. The business has a fifty day moving average of $19.62 and a 200 day moving average of $19.50. The firm has a market capitalization of $6.10 billion, a price-to-earnings ratio of 26.49 and a beta of 0.97. Schwab U.S. REIT ETF has a 1 year low of $16.63 and a 1 year high of $20.95.

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.