Fiducient Advisors LLC Trims Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Fiducient Advisors LLC reduced its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 29.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,450 shares of the company’s stock after selling 1,850 shares during the period. Fiducient Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $232,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of SCHP. Friedenthal Financial grew its position in Schwab U.S. TIPS ETF by 0.8% in the fourth quarter. Friedenthal Financial now owns 25,747 shares of the company’s stock valued at $1,344,000 after acquiring an additional 193 shares in the last quarter. Jackson Creek Investment Advisors LLC grew its position in Schwab U.S. TIPS ETF by 2.2% in the fourth quarter. Jackson Creek Investment Advisors LLC now owns 11,497 shares of the company’s stock valued at $600,000 after acquiring an additional 252 shares in the last quarter. Mayflower Financial Advisors LLC grew its position in Schwab U.S. TIPS ETF by 1.6% in the fourth quarter. Mayflower Financial Advisors LLC now owns 17,251 shares of the company’s stock valued at $901,000 after acquiring an additional 270 shares in the last quarter. Stratos Wealth Partners LTD. grew its position in Schwab U.S. TIPS ETF by 0.9% in the third quarter. Stratos Wealth Partners LTD. now owns 32,544 shares of the company’s stock valued at $1,643,000 after acquiring an additional 302 shares in the last quarter. Finally, Security Financial Services INC. grew its position in Schwab U.S. TIPS ETF by 1.5% in the fourth quarter. Security Financial Services INC. now owns 20,258 shares of the company’s stock valued at $1,057,000 after acquiring an additional 303 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.4 %

Shares of SCHP stock traded down $0.23 during mid-day trading on Tuesday, reaching $51.23. 1,379,364 shares of the company were exchanged, compared to its average volume of 1,239,466. Schwab U.S. TIPS ETF has a fifty-two week low of $49.50 and a fifty-two week high of $53.83. The business’s 50 day simple moving average is $51.70 and its 200 day simple moving average is $51.50.

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.