Schwab U.S. TIPS ETF $SCHP is Joseph Group Capital Management’s 2nd Largest Position

Joseph Group Capital Management lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 0.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 927,681 shares of the company’s stock after purchasing an additional 8,127 shares during the quarter. Schwab U.S. TIPS ETF accounts for approximately 8.2% of Joseph Group Capital Management’s portfolio, making the stock its 2nd largest holding. Joseph Group Capital Management owned 0.19% of Schwab U.S. TIPS ETF worth $24,751,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. LFA Lugano Financial Advisors SA purchased a new stake in shares of Schwab U.S. TIPS ETF during the 2nd quarter worth about $143,000. Decker Retirement Planning Inc. raised its stake in shares of Schwab U.S. TIPS ETF by 11,538.9% during the 2nd quarter. Decker Retirement Planning Inc. now owns 115,109 shares of the company’s stock worth $3,071,000 after buying an additional 114,120 shares during the period. AE Wealth Management LLC grew its stake in Schwab U.S. TIPS ETF by 6.7% in the 2nd quarter. AE Wealth Management LLC now owns 44,130 shares of the company’s stock valued at $1,177,000 after acquiring an additional 2,770 shares during the period. Vestmark Advisory Solutions Inc. grew its position in shares of Schwab U.S. TIPS ETF by 158.7% in the second quarter. Vestmark Advisory Solutions Inc. now owns 283,610 shares of the company’s stock valued at $7,567,000 after purchasing an additional 173,978 shares during the period. Finally, Grey Fox Wealth Advisors LLC boosted its holdings in Schwab U.S. TIPS ETF by 7.7% in the 2nd quarter. Grey Fox Wealth Advisors LLC now owns 179,195 shares of the company’s stock worth $4,781,000 after buying an additional 12,804 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.0%

NYSEARCA:SCHP opened at $26.82 on Monday. The stock has a 50 day moving average of $26.97 and a two-hundred day moving average of $26.69. Schwab U.S. TIPS ETF has a 12 month low of $25.68 and a 12 month 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.