Carolina Wealth Advisors LLC Sells 40,128 Shares of Schwab U.S. TIPS ETF $SCHP

Carolina Wealth Advisors LLC lessened its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 5.0% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 754,878 shares of the company’s stock after selling 40,128 shares during the quarter. Schwab U.S. TIPS ETF makes up 9.9% of Carolina Wealth Advisors LLC’s holdings, making the stock its 2nd biggest position. Carolina Wealth Advisors LLC owned about 0.15% of Schwab U.S. TIPS ETF worth $20,140,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. CWC Advisors LLC. grew its position in Schwab U.S. TIPS ETF by 3.4% during the second quarter. CWC Advisors LLC. now owns 11,653 shares of the company’s stock valued at $311,000 after buying an additional 384 shares during the period. Mutual Advisors LLC grew its position in Schwab U.S. TIPS ETF by 0.7% during the first quarter. Mutual Advisors LLC now owns 61,454 shares of the company’s stock valued at $1,637,000 after buying an additional 428 shares during the period. Csenge Advisory Group grew its position in Schwab U.S. TIPS ETF by 0.6% during the first quarter. Csenge Advisory Group now owns 72,801 shares of the company’s stock valued at $1,924,000 after buying an additional 470 shares during the period. Jackson Creek Investment Advisors LLC grew its position in Schwab U.S. TIPS ETF by 1.8% during the first quarter. Jackson Creek Investment Advisors LLC now owns 26,862 shares of the company’s stock valued at $722,000 after buying an additional 476 shares during the period. Finally, GPS Wealth Strategies Group LLC grew its position in Schwab U.S. TIPS ETF by 13.0% during the first quarter. GPS Wealth Strategies Group LLC now owns 4,337 shares of the company’s stock valued at $117,000 after buying an additional 498 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.1%

Shares of NYSEARCA SCHP opened at $26.87 on Friday. The company’s 50-day simple moving average is $26.85 and its 200-day simple moving average is $26.62. Schwab U.S. TIPS ETF has a 52-week low of $25.68 and a 52-week high of $27.19.

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.