VCI Wealth Management LLC reduced its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 6.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 365,313 shares of the company’s stock after selling 23,596 shares during the period. Schwab U.S. TIPS ETF makes up 2.2% of VCI Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. VCI Wealth Management LLC owned about 0.06% of Schwab U.S. TIPS ETF worth $9,180,000 as of its most recent SEC filing.
Other institutional investors also recently bought and sold shares of the company. Sei Investments Co. grew its holdings in shares of Schwab U.S. TIPS ETF by 5.3% during the first quarter. Sei Investments Co. now owns 12,955,292 shares of the company’s stock worth $344,741,000 after buying an additional 646,415 shares during the last quarter. Lincoln National Corp raised its stake in Schwab U.S. TIPS ETF by 180.0% during the 1st quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock valued at $237,038,000 after acquiring an additional 5,726,082 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Schwab U.S. TIPS ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,295,573 shares of the company’s stock valued at $166,833,000 after acquiring an additional 300,734 shares during the last quarter. Alesco Advisors LLC An ESL Co lifted its position in Schwab U.S. TIPS ETF by 2.8% during the 1st quarter. Alesco Advisors LLC An ESL Co now owns 6,121,252 shares of the company’s stock worth $162,887,000 after acquiring an additional 164,878 shares during the period. Finally, Armstrong Advisory Group Inc. lifted its position in Schwab U.S. TIPS ETF by 2.9% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 3,629,675 shares of the company’s stock worth $91,214,000 after acquiring an additional 102,157 shares during the period.
Schwab U.S. TIPS ETF Trading Down 0.5%
Shares of SCHP stock opened at $25.62 on Tuesday. The business’s 50 day moving average is $25.52 and its two-hundred day moving average is $26.29. Schwab U.S. TIPS ETF has a twelve month low of $25.01 and a twelve month high of $26.99.
Schwab U.S. TIPS ETF 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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