Edgestream Partners L.P. reduced its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 77.1% during the 1st quarter, HoldingsChannel reports. The firm owned 9,999 shares of the company’s stock after selling 33,576 shares during the period. Edgestream Partners L.P.’s holdings in Schwab U.S. TIPS ETF were worth $266,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also modified their holdings of SCHP. Archer Investment Corp lifted its holdings in shares of Schwab U.S. TIPS ETF by 212.2% during the first quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after purchasing an additional 660 shares during the period. Lloyd Advisory Services LLC. purchased a new position in Schwab U.S. TIPS ETF during the 4th quarter worth $29,000. Ameritas Investment Partners Inc. lifted its stake in shares of Schwab U.S. TIPS ETF by 83.9% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after acquiring an additional 547 shares during the period. CIBC Private Wealth Group LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 69.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock valued at $35,000 after acquiring an additional 541 shares in the last quarter. Finally, LGT Financial Advisors LLC purchased a new stake in shares of Schwab U.S. TIPS ETF in the third quarter valued at about $49,000.
Schwab U.S. TIPS ETF Price Performance
NYSEARCA SCHP opened at $25.93 on Thursday. Schwab U.S. TIPS ETF has a 52-week low of $25.87 and a 52-week high of $27.19. The firm has a 50-day moving average price of $26.34 and a 200 day moving average price of $26.59.
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.
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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
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