Columbus Macro LLC Sells 13,920 Shares of Schwab U.S. TIPS ETF $SCHP

Columbus Macro LLC decreased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 8.3% in the 2nd quarter, HoldingsChannel reports. The firm owned 154,491 shares of the company’s stock after selling 13,920 shares during the quarter. Columbus Macro LLC’s holdings in Schwab U.S. TIPS ETF were worth $4,122,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SCHP. Brighton Jones LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 211.4% in the fourth quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock worth $541,000 after acquiring an additional 14,212 shares during the last quarter. NBC Securities Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 115,900.0% in the first quarter. NBC Securities Inc. now owns 1,160 shares of the company’s stock worth $31,000 after acquiring an additional 1,159 shares during the last quarter. Capital Investment Advisors LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 6.7% in the first quarter. Capital Investment Advisors LLC now owns 9,410 shares of the company’s stock worth $253,000 after acquiring an additional 590 shares during the last quarter. Farther Finance Advisors LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 116.3% in the first quarter. Farther Finance Advisors LLC now owns 35,941 shares of the company’s stock worth $963,000 after acquiring an additional 19,327 shares during the last quarter. Finally, Integrated Advisors Network LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 5.5% in the first quarter. Integrated Advisors Network LLC now owns 15,435 shares of the company’s stock worth $415,000 after acquiring an additional 798 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

SCHP stock opened at $26.93 on Thursday. Schwab U.S. TIPS ETF has a 12 month low of $25.68 and a 12 month high of $27.19. The firm has a 50-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.