Cambridge Advisors Inc. Decreases Holdings in Schwab U.S. REIT ETF (SCHH)

Cambridge Advisors Inc. lowered its stake in shares of Schwab U.S. REIT ETF (NYSEARCA:SCHH) by 6.9% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,244 shares of the company’s stock after selling 1,499 shares during the period. Cambridge Advisors Inc.’s holdings in Schwab U.S. REIT ETF were worth $899,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of SCHH. Bank of New York Mellon Corp boosted its stake in shares of Schwab U.S. REIT ETF by 29.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 111,983 shares of the company’s stock valued at $4,679,000 after buying an additional 25,709 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Schwab U.S. REIT ETF by 6.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,903,120 shares of the company’s stock valued at $121,147,000 after buying an additional 183,935 shares during the period. Tower Research Capital LLC TRC acquired a new stake in shares of Schwab U.S. REIT ETF during the 3rd quarter valued at $248,000. LPL Financial LLC boosted its stake in shares of Schwab U.S. REIT ETF by 16.7% during the 3rd quarter. LPL Financial LLC now owns 60,148 shares of the company’s stock valued at $2,510,000 after buying an additional 8,601 shares during the period. Finally, Envestnet Asset Management Inc. raised its holdings in shares of Schwab U.S. REIT ETF by 38.2% during the 3rd quarter. Envestnet Asset Management Inc. now owns 136,699 shares of the company’s stock valued at $5,704,000 after purchasing an additional 37,778 shares in the last quarter.

Shares of Schwab U.S. REIT ETF stock traded down $1.06 during midday trading on Tuesday, reaching $43.67. 786,789 shares of the company’s stock traded hands, compared to its average volume of 866,314. Schwab U.S. REIT ETF has a 52 week low of $36.73 and a 52 week high of $45.09.

The firm also recently declared a quarterly dividend, which was paid on Monday, March 25th. Stockholders of record on Thursday, March 21st were issued a dividend of $0.1207 per share. The ex-dividend date was Wednesday, March 20th. This represents a $0.48 dividend on an annualized basis and a dividend yield of 1.11%. This is an increase from Schwab U.S. REIT ETF’s previous quarterly dividend of $0.01.

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Institutional Ownership by Quarter for Schwab U.S. REIT ETF (NYSEARCA:SCHH)

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