Exencial Wealth Advisors LLC Lowers Holdings in Schwab U.S. TIPS ETF $SCHP

Exencial Wealth Advisors LLC trimmed its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.6% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 171,860 shares of the company’s stock after selling 12,129 shares during the period. Exencial Wealth Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $4,585,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brookstone Capital Management grew its position in Schwab U.S. TIPS ETF by 8.9% in the 2nd quarter. Brookstone Capital Management now owns 17,711 shares of the company’s stock valued at $473,000 after buying an additional 1,447 shares during the last quarter. Phillips Financial Management LLC grew its position in Schwab U.S. TIPS ETF by 5.2% in the 2nd quarter. Phillips Financial Management LLC now owns 95,899 shares of the company’s stock valued at $2,559,000 after buying an additional 4,722 shares during the last quarter. VCI Wealth Management LLC grew its position in Schwab U.S. TIPS ETF by 12.8% in the 2nd quarter. VCI Wealth Management LLC now owns 304,479 shares of the company’s stock valued at $8,123,000 after buying an additional 34,442 shares during the last quarter. Clune & Associates LTD. grew its position in Schwab U.S. TIPS ETF by 1.1% in the 2nd quarter. Clune & Associates LTD. now owns 40,660 shares of the company’s stock valued at $1,085,000 after buying an additional 455 shares during the last quarter. Finally, Bogart Wealth LLC grew its position in Schwab U.S. TIPS ETF by 64.1% in the 2nd quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock valued at $38,000 after buying an additional 551 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.1%

NYSEARCA:SCHP opened at $27.15 on Thursday. The firm’s fifty day moving average price is $26.93 and its 200 day moving average price is $26.64. Schwab U.S. TIPS ETF has a 1-year low of $25.68 and a 1-year high of $27.19.

Schwab U.S. TIPS ETF Company Profile

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.