Schwab U.S. REIT ETF is a no-load, open-end management investment company. The Fund seeks to track as closely as possible, before fees and expenses, the total return of the Dow Jones U.S. Select REIT Index (the index). The index generally includes real estate investment trusts (REITs) that own and operate income-producing commercial and/or residential real estate, derive at least 75% of the REIT's total revenue from the ownership and operation of real estate assets, and have a minimum total market capitalization of $200 million at the time of its inclusion. As of Feb 28 2014, the Fund's total assets and investment portfolio amounted to $895,050,004 and $791,165,322, respectively. We show 309 historical shares outstanding datapoints in our SCHH shares outstanding history coverage, used to compute SCHH market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing SCHH market cap history over the course of time is important for investors
interested in comparing SCHH's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of SCHH versus a peer is one thing; comparing
SCHH market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like SCHH can fluctuate over the course of history.
With this page we aim to empower investors researching SCHH by allowing them to research the SCHH market cap history. |
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Video: The Importance of Market Cap
