Schwab U.S. TIPS ETF $SCHP Shares Sold by Joseph P. Lucia & Associates LLC

Joseph P. Lucia & Associates LLC lowered its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,658 shares of the company’s stock after selling 1,747 shares during the quarter. Joseph P. Lucia & Associates LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,031,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Empower Advisory Group LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 6.2% in the 1st quarter. Empower Advisory Group LLC now owns 40,669,805 shares of the company’s stock valued at $1,093,611,000 after purchasing an additional 2,368,720 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 26.9% in the 1st quarter. Wealthfront Advisers LLC now owns 28,220,930 shares of the company’s stock valued at $758,861,000 after purchasing an additional 5,986,682 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Schwab U.S. TIPS ETF by 1,240.8% in the 1st quarter. JPMorgan Chase & Co. now owns 17,556,656 shares of the company’s stock valued at $472,102,000 after purchasing an additional 16,247,258 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its holdings in shares of Schwab U.S. TIPS ETF by 5.4% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 16,401,227 shares of the company’s stock valued at $441,029,000 after purchasing an additional 835,548 shares during the last quarter. Finally, Jasper Ridge Partners L.P. boosted its holdings in shares of Schwab U.S. TIPS ETF by 3.8% in the 1st quarter. Jasper Ridge Partners L.P. now owns 7,808,873 shares of the company’s stock valued at $209,981,000 after purchasing an additional 289,378 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.1%

Shares of SCHP opened at $27.03 on Friday. The company’s fifty day moving average is $26.91 and its two-hundred day moving average is $26.64. Schwab U.S. TIPS ETF has a fifty-two week low of $25.68 and a fifty-two 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.