Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Sold by B. Riley Wealth Advisors Inc.

B. Riley Wealth Advisors Inc. cut its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 85.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,410 shares of the company’s stock after selling 51,435 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Schwab U.S. TIPS ETF were worth $439,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in SCHP. Cerity Partners LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 327.1% during the 4th quarter. Cerity Partners LLC now owns 13,385,973 shares of the company’s stock worth $698,748,000 after buying an additional 10,251,581 shares during the last quarter. Perella Weinberg Partners Capital Management LP acquired a new stake in Schwab U.S. TIPS ETF during the fourth quarter worth about $103,053,000. Nepc LLC acquired a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter valued at about $78,399,000. UBS Group AG grew its holdings in shares of Schwab U.S. TIPS ETF by 92.8% during the 4th quarter. UBS Group AG now owns 1,743,378 shares of the company’s stock worth $91,004,000 after purchasing an additional 838,923 shares during the period. Finally, JPMorgan Chase & Co. increased its position in Schwab U.S. TIPS ETF by 8.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 7,306,113 shares of the company’s stock worth $368,886,000 after purchasing an additional 566,822 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of SCHP stock opened at $52.18 on Tuesday. Schwab U.S. TIPS ETF has a fifty-two week low of $49.50 and a fifty-two week high of $52.72. The firm’s 50 day moving average price is $51.69 and its two-hundred day moving average price is $51.82.

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.