LifeGoal Investments LLC Has $1.01 Million Stake in Schwab U.S. TIPS ETF $SCHP

LifeGoal Investments LLC decreased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 73.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 37,438 shares of the company’s stock after selling 102,991 shares during the period. Schwab U.S. TIPS ETF makes up 0.8% of LifeGoal Investments LLC’s holdings, making the stock its 26th biggest position. LifeGoal Investments LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,009,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Center For Asset Management LLC raised its position in shares of Schwab U.S. TIPS ETF by 73.1% in the third quarter. Center For Asset Management LLC now owns 23,514 shares of the company’s stock valued at $634,000 after buying an additional 9,929 shares in the last quarter. Coldstream Capital Management Inc. increased its stake in Schwab U.S. TIPS ETF by 30.7% during the 3rd quarter. Coldstream Capital Management Inc. now owns 28,042 shares of the company’s stock worth $756,000 after acquiring an additional 6,592 shares during the period. Advisory Services Network LLC raised its holdings in Schwab U.S. TIPS ETF by 2.0% in the 3rd quarter. Advisory Services Network LLC now owns 32,948 shares of the company’s stock valued at $888,000 after acquiring an additional 654 shares in the last quarter. Financial Engines Advisors L.L.C. lifted its position in shares of Schwab U.S. TIPS ETF by 1.1% during the 3rd quarter. Financial Engines Advisors L.L.C. now owns 572,760 shares of the company’s stock valued at $15,436,000 after acquiring an additional 6,357 shares during the period. Finally, LGT Financial Advisors LLC bought a new stake in shares of Schwab U.S. TIPS ETF during the 3rd quarter valued at $49,000.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein raised Schwab U.S. TIPS ETF to a “hold” rating in a research note on Friday, December 5th.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA:SCHP opened at $26.87 on Wednesday. The stock’s 50-day moving average is $26.71 and its 200-day moving average is $26.80. Schwab U.S. TIPS ETF has a 1-year low of $25.83 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.