Advisory Services & Investments LLC Sells 13,894 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Advisory Services & Investments LLC cut its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 55.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,376 shares of the company’s stock after selling 13,894 shares during the period. Schwab U.S. TIPS ETF accounts for 0.4% of Advisory Services & Investments LLC’s investment portfolio, making the stock its 26th biggest position. Advisory Services & Investments LLC’s holdings in Schwab U.S. TIPS ETF were worth $593,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Charles Schwab Investment Advisory Inc. boosted its holdings in Schwab U.S. TIPS ETF by 1.4% in the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 17,525,815 shares of the company’s stock worth $914,848,000 after buying an additional 248,019 shares during the period. Quadratic Capital Management LLC boosted its holdings in Schwab U.S. TIPS ETF by 1.1% in the 4th quarter. Quadratic Capital Management LLC now owns 14,432,753 shares of the company’s stock worth $753,390,000 after buying an additional 153,669 shares during the period. Cerity Partners LLC boosted its holdings in Schwab U.S. TIPS ETF by 327.1% in 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 period. JPMorgan Chase & Co. boosted its holdings in Schwab U.S. TIPS ETF by 8.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,306,113 shares of the company’s stock worth $368,886,000 after buying an additional 566,822 shares during the period. Finally, Sei Investments Co. boosted its holdings in Schwab U.S. TIPS ETF by 0.4% in the 4th quarter. Sei Investments Co. now owns 5,245,095 shares of the company’s stock worth $273,797,000 after buying an additional 22,669 shares during the period.

Schwab U.S. TIPS ETF Stock Down 0.3 %

SCHP opened at $52.01 on Monday. Schwab U.S. TIPS ETF has a 12 month low of $49.50 and a 12 month high of $52.71. The company has a 50 day moving average of $51.76 and a 200 day moving average of $51.84.

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.