Bfsg LLC Sells 2,232 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Bfsg LLC trimmed its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 0.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 315,267 shares of the company’s stock after selling 2,232 shares during the quarter. Schwab U.S. TIPS ETF accounts for about 1.0% of Bfsg LLC’s portfolio, making the stock its 20th largest position. Bfsg LLC owned 0.07% of Schwab U.S. TIPS ETF worth $8,478,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Breakwater Investment Management boosted its stake in shares of Schwab U.S. TIPS ETF by 36.4% in the 1st quarter. Breakwater Investment Management now owns 76,633 shares of the company’s stock valued at $2,061,000 after purchasing an additional 20,431 shares during the last quarter. Trust Point Inc. acquired a new position in Schwab U.S. TIPS ETF during the first quarter worth $364,000. Rebalance LLC raised its holdings in Schwab U.S. TIPS ETF by 7.5% during the first quarter. Rebalance LLC now owns 196,204 shares of the company’s stock worth $5,276,000 after buying an additional 13,757 shares during the last quarter. Stewardship Advisors LLC raised its holdings in Schwab U.S. TIPS ETF by 10.5% during the first quarter. Stewardship Advisors LLC now owns 17,303 shares of the company’s stock worth $465,000 after buying an additional 1,639 shares during the last quarter. Finally, Abound Wealth Management acquired a new position in Schwab U.S. TIPS ETF during the first quarter worth $36,000.

Schwab U.S. TIPS ETF Stock Performance

SCHP opened at $26.29 on Tuesday. The company’s fifty day moving average price is $26.41 and its two-hundred day moving average price is $26.31. Schwab U.S. TIPS ETF has a 1-year low of $25.68 and a 1-year high of $27.06.

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.