Wealthcare Advisory Partners LLC Has $55.38 Million Holdings in Schwab U.S. TIPS ETF $SCHP

Wealthcare Advisory Partners LLC boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 47.8% during the 2nd quarter, Holdings Channel.com reports. The fund owned 2,090,010 shares of the company’s stock after purchasing an additional 675,990 shares during the quarter. Schwab U.S. TIPS ETF accounts for 1.1% of Wealthcare Advisory Partners LLC’s investment portfolio, making the stock its 19th biggest holding. Wealthcare Advisory Partners LLC’s holdings in Schwab U.S. TIPS ETF were worth $55,385,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Archer Investment Corp increased its holdings in Schwab U.S. TIPS ETF by 212.2% during the 1st quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after purchasing an additional 660 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at approximately $29,000. Ameritas Investment Partners Inc. boosted its position in shares of Schwab U.S. TIPS ETF by 83.9% during the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after buying an additional 547 shares during the last quarter. CIBC Private Wealth Group LLC boosted its position in shares of Schwab U.S. TIPS ETF by 69.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock valued at $35,000 after buying an additional 541 shares during the last quarter. Finally, LGT Financial Advisors LLC bought a new stake in Schwab U.S. TIPS ETF during the third quarter worth $49,000.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA SCHP opened at $25.91 on Tuesday. The business has a fifty day simple moving average of $26.29 and a 200 day simple moving average of $26.58. Schwab U.S. TIPS ETF has a 12 month low of $25.87 and a 12 month high of $27.19.

Schwab U.S. TIPS ETF 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.