Valpey Financial Services LLC Takes Position in Schwab U.S. TIPS ETF $SCHP

Valpey Financial Services LLC acquired a new stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 66,303 shares of the company’s stock, valued at approximately $1,769,000. Schwab U.S. TIPS ETF accounts for approximately 1.2% of Valpey Financial Services LLC’s portfolio, making the stock its 29th biggest holding.

Several other large investors have also modified their holdings of the company. Wealthcare Capital Management LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 2.7% in the second quarter. Wealthcare Capital Management LLC now owns 360,659 shares of the company’s stock valued at $9,622,000 after acquiring an additional 9,439 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 22.2% in the second quarter. Wealthcare Advisory Partners LLC now owns 1,141,633 shares of the company’s stock valued at $30,459,000 after acquiring an additional 207,058 shares during the period. Financial Architects LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 2.5% in the second 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 during the period. Ascent Group LLC acquired a new stake in shares of Schwab U.S. TIPS ETF in the second quarter valued at approximately $313,000. Finally, Pure Financial Advisors LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 0.8% in the second 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 during the period.

Schwab U.S. TIPS ETF Price Performance

SCHP stock opened at $26.87 on Monday. Schwab U.S. TIPS ETF has a twelve month low of $25.68 and a twelve month high of $27.19. The business has a 50 day simple moving average of $26.85 and a 200-day simple moving average of $26.62.

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.