Wealthcare Capital Management LLC lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 2.7% during the 2nd quarter, Holdings Channel reports. The fund owned 360,659 shares of the company’s stock after acquiring an additional 9,439 shares during the quarter. Schwab U.S. TIPS ETF makes up approximately 1.0% of Wealthcare Capital Management LLC’s portfolio, making the stock its 10th biggest position. Wealthcare Capital Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $9,622,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. NBC Securities Inc. raised its position in shares of Schwab U.S. TIPS ETF by 115,900.0% during the first quarter. NBC Securities Inc. now owns 1,160 shares of the company’s stock worth $31,000 after acquiring an additional 1,159 shares during the last quarter. Mogy Joel R Investment Counsel Inc. acquired a new stake in Schwab U.S. TIPS ETF in the second quarter worth about $32,000. Abound Wealth Management bought a new stake in Schwab U.S. TIPS ETF during the 1st quarter worth about $36,000. Center for Financial Planning Inc. bought a new stake in Schwab U.S. TIPS ETF during the 1st quarter worth about $38,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new position in Schwab U.S. TIPS ETF during the 1st quarter valued at about $41,000.
Schwab U.S. TIPS ETF Trading Down 0.1%
Shares of NYSEARCA:SCHP opened at $26.87 on Friday. The company has a 50 day moving average of $26.85 and a 200-day moving average of $26.62. Schwab U.S. TIPS ETF has a one year low of $25.68 and a one year high of $27.19.
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.
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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
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