Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Short Interest Update

Schwab U.S. TIPS ETF (NYSEARCA:SCHP) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 453,093 shares, a drop of 50.8% from the June 30th total of 920,846 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 4,344,379 shares, the short-interest ratio is currently 0.1 days.

Schwab U.S. TIPS ETF Stock Down 0.1%

Shares of SCHP traded down $0.02 during mid-day trading on Thursday, reaching $26.12. The company had a trading volume of 2,904,739 shares, compared to its average volume of 4,363,317. Schwab U.S. TIPS ETF has a fifty-two week low of $26.04 and a fifty-two week high of $27.19. The firm has a fifty day simple moving average of $26.41 and a 200-day simple moving average of $26.61.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in SCHP. Fortis Capital Management LLC increased its stake in Schwab U.S. TIPS ETF by 1.3% during the fourth quarter. Fortis Capital Management LLC now owns 30,765 shares of the company’s stock worth $815,000 after acquiring an additional 390 shares during the last quarter. Cassady Wealth & Retirement Planning LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 2.2% in the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 18,461 shares of the company’s stock valued at $496,000 after purchasing an additional 398 shares in the last quarter. Arta Finance Wealth Management LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 1.8% in the 1st quarter. Arta Finance Wealth Management LLC now owns 27,080 shares of the company’s stock valued at $720,000 after purchasing an additional 474 shares in the last quarter. WJ Financial Advisors LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 3.9% in the 1st quarter. WJ Financial Advisors LLC now owns 13,015 shares of the company’s stock valued at $346,000 after purchasing an additional 486 shares in the last quarter. Finally, Vista Capital Partners Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 2.8% during the 4th quarter. Vista Capital Partners Inc. now owns 19,104 shares of the company’s stock worth $506,000 after purchasing an additional 523 shares during the period.

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.