Wealthcare Advisory Partners LLC lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 22.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 1,141,633 shares of the company’s stock after purchasing an additional 207,058 shares during the quarter. Schwab U.S. TIPS ETF comprises 0.7% of Wealthcare Advisory Partners LLC’s holdings, making the stock its 28th biggest position. Wealthcare Advisory Partners LLC owned approximately 0.23% of Schwab U.S. TIPS ETF worth $30,459,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the business. Financial Architects LLC lifted its stake in Schwab U.S. TIPS ETF by 2.5% in the 2nd quarter. Financial Architects LLC now owns 1,242,196 shares of the company’s stock valued at $33,142,000 after acquiring an additional 30,660 shares in the last quarter. Ascent Group LLC bought a new stake in Schwab U.S. TIPS ETF in the 2nd quarter valued at approximately $313,000. Pure Financial Advisors LLC lifted its stake in Schwab U.S. TIPS ETF by 0.8% in the 2nd quarter. Pure Financial Advisors LLC now owns 1,328,471 shares of the company’s stock valued at $35,444,000 after acquiring an additional 10,321 shares in the last quarter. Lynx Investment Advisory lifted its stake in Schwab U.S. TIPS ETF by 5.5% in the 2nd quarter. Lynx Investment Advisory now owns 12,904 shares of the company’s stock valued at $344,000 after acquiring an additional 673 shares in the last quarter. Finally, SigFig Wealth Management LLC lifted its stake in Schwab U.S. TIPS ETF by 5.3% in the 2nd quarter. SigFig Wealth Management LLC now owns 60,445 shares of the company’s stock valued at $1,607,000 after acquiring an additional 3,038 shares in the last quarter.
Schwab U.S. TIPS ETF Stock Performance
NYSEARCA SCHP opened at $26.87 on Friday. The stock’s 50 day moving average price is $26.85 and its two-hundred day moving average price 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.
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