Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Sold by Matrix Trust Co

Matrix Trust Co reduced its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 541,875 shares of the company’s stock after selling 34,972 shares during the period. Schwab U.S. TIPS ETF accounts for approximately 6.6% of Matrix Trust Co’s holdings, making the stock its 5th biggest position. Matrix Trust Co’s holdings in Schwab U.S. TIPS ETF were worth $28,286,000 at the end of the most recent reporting period.

Other institutional investors also recently made changes to their positions in the company. Asset Dedication LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 425.8% in the 3rd quarter. Asset Dedication LLC now owns 510 shares of the company’s stock worth $25,000 after acquiring an additional 413 shares during the period. Oliver Lagore Vanvalin Investment Group lifted its stake in Schwab U.S. TIPS ETF by 3,229.4% during the third quarter. Oliver Lagore Vanvalin Investment Group now owns 566 shares of the company’s stock valued at $29,000 after purchasing an additional 549 shares during the last quarter. NBC Securities Inc. acquired a new stake in Schwab U.S. TIPS ETF during the third quarter valued at approximately $31,000. Clearstead Advisors LLC lifted its stake in Schwab U.S. TIPS ETF by 432.9% during the third quarter. Clearstead Advisors LLC now owns 1,231 shares of the company’s stock valued at $62,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Private Ocean LLC lifted its stake in Schwab U.S. TIPS ETF by 94.1% during the third quarter. Private Ocean LLC now owns 1,421 shares of the company’s stock valued at $72,000 after purchasing an additional 689 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.2 %

SCHP stock traded up $0.12 on Friday, hitting $51.33. 1,513,180 shares of the company’s stock traded hands, compared to its average volume of 1,242,660. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $53.83. The stock has a fifty day moving average of $51.71 and a 200-day moving average of $51.47.

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.