Ameritas Advisory Services LLC Sells 6,351 Shares of Schwab U.S. TIPS ETF $SCHP

Ameritas Advisory Services LLC cut its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 34.0% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,340 shares of the company’s stock after selling 6,351 shares during the period. Ameritas Advisory Services LLC’s holdings in Schwab U.S. TIPS ETF were worth $329,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also bought and sold shares of SCHP. NBC Securities Inc. raised its position in Schwab U.S. TIPS ETF by 115,900.0% during the 1st quarter. NBC Securities Inc. now owns 1,160 shares of the company’s stock valued at $31,000 after purchasing an additional 1,159 shares in the last quarter. Mogy Joel R Investment Counsel Inc. bought a new position in shares of Schwab U.S. TIPS ETF in the 2nd quarter worth $32,000. Abound Wealth Management bought a new position in shares of Schwab U.S. TIPS ETF in the 1st quarter worth $36,000. Center for Financial Planning Inc. bought a new position in shares of Schwab U.S. TIPS ETF in the 1st quarter worth $38,000. Finally, Mowery & Schoenfeld Wealth Management LLC bought a new position in shares of Schwab U.S. TIPS ETF in the 1st quarter worth $41,000.

Schwab U.S. TIPS ETF Price Performance

SCHP opened at $26.89 on Wednesday. Schwab U.S. TIPS ETF has a 12 month low of $25.68 and a 12 month high of $27.19. The stock has a fifty day moving average price of $26.86 and a 200-day moving average price of $26.62.

About Schwab U.S. TIPS ETF

The Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasury inflation-protected securities with at least one year remaining in maturity. SCHP was launched on Aug 5, 2010 and is managed by Charles Schwab.