Abbrea Capital LLC Has $1.65 Million Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Abbrea Capital LLC reduced its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 3.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 31,626 shares of the company’s stock after selling 1,000 shares during the quarter. Abbrea Capital LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,651,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Summit Global Investments raised its position in shares of Schwab U.S. TIPS ETF by 3.0% during the third quarter. Summit Global Investments now owns 8,313 shares of the company’s stock worth $420,000 after acquiring an additional 241 shares during the last quarter. Cedar Brook Financial Partners LLC increased its holdings in Schwab U.S. TIPS ETF by 3.0% in the third quarter. Cedar Brook Financial Partners LLC now owns 9,457 shares of the company’s stock worth $477,000 after purchasing an additional 277 shares in the last quarter. Strategic Blueprint LLC bought a new stake in Schwab U.S. TIPS ETF in the third quarter worth approximately $632,000. Pinnacle Bancorp Inc. increased its holdings in Schwab U.S. TIPS ETF by 94.8% in the third quarter. Pinnacle Bancorp Inc. now owns 17,352 shares of the company’s stock worth $876,000 after purchasing an additional 8,444 shares in the last quarter. Finally, BlueSky Wealth Advisors LLC increased its holdings in Schwab U.S. TIPS ETF by 5.2% in the third quarter. BlueSky Wealth Advisors LLC now owns 588,643 shares of the company’s stock worth $29,721,000 after purchasing an additional 28,964 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.2 %

Schwab U.S. TIPS ETF stock traded up $0.12 during trading on Friday, hitting $51.33. 1,513,180 shares of the company were exchanged, compared to its average volume of 1,242,660. The business’s 50 day moving average is $51.71 and its 200 day moving average is $51.46. Schwab U.S. TIPS ETF has a 52 week low of $49.50 and a 52 week high of $53.83.

About Schwab U.S. TIPS ETF

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.