National Bank of Canada FI Decreases Holdings in Schwab U.S. REIT ETF

In recent financial developments, the National Bank of Canada FI has reported a reduction in its investment in the Schwab U.S. REIT ETF, a prominent real estate investment trust exchange-traded fund. As revealed in the latest filings with the Securities & Exchange Commission, the financial institution sold off 6,360 shares of the ETF during the third quarter, which demonstrates a minor contraction of 1.6% from its previous shareholding position.

Investment Changes and Stock Performance

Post-transaction, National Bank of Canada FI held a total of 402,916 shares in the Schwab U.S. REIT ETF, which were valued at approximately $6,953,000 at the close of the reporting period. Meanwhile, other notable investors have also made adjustments to their stakes in the fund. Entities like Charles Schwab Investment Advisory, Financial Engines Advisors L.L.C., Creative Planning, Charles Schwab Investment Management Inc., and US Bancorp DE have all altered their investments, with some increasing and others reducing their holdings in the second quarter.

The Schwab U.S. REIT ETF, which trades under the ticker SCHH, experienced a slight uptick in its stock price, with shares opening at $20.48 on a recent Friday. The ETF has had a year-long oscillation between a low of $16.63 and a high of $21.99, carrying a market capitalization of $6.20 billion. The P/E ratio stood at 29.86, and it had a beta of 0.92. Looking at trend indicators, the ETF's stock shows a 50-day moving average price of $18.56 and a two-hundred-day moving average of $18.91.

About Schwab U.S. REIT ETF

The Schwab U.S. REIT ETF represents a market-cap-weighted index comprised of U.S. real estate investment trusts, endorsing a spectrum excluding mortgage REITs and hybrid REITs. Formally launched on January 13, 2011, SCHH is managed by Charles Schwab and tracks the Dow Jones Equity All REIT Capped index.

Shareholding Information and Updates

Investors and financial analysts seeking more detailed information on hedge fund shareholdings in the Schwab U.S. REIT ETF can access the latest 13F filings and insider trades. These documents provide insights into the dynamic investment landscape of real estate exchange-traded funds.

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