Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Sold by AE Wealth Management LLC

AE Wealth Management LLC cut its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 24.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 38,127 shares of the company’s stock after selling 12,218 shares during the period. AE Wealth Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,983,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Lincoln National Corp raised its holdings in shares of Schwab U.S. TIPS ETF by 18,532.4% in the 2nd quarter. Lincoln National Corp now owns 4,087,949 shares of the company’s stock worth $212,614,000 after purchasing an additional 4,066,009 shares during the period. Nepc LLC purchased a new position in Schwab U.S. TIPS ETF in the fourth quarter valued at approximately $78,399,000. Elm Partners Management LLC lifted its position in Schwab U.S. TIPS ETF by 53.8% during the second quarter. Elm Partners Management LLC now owns 1,756,878 shares of the company’s stock valued at $91,375,000 after buying an additional 614,367 shares in the last quarter. BlueSky Wealth Advisors LLC purchased a new stake in Schwab U.S. TIPS ETF during the second quarter worth approximately $31,869,000. Finally, Simplify Asset Management Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF in the second quarter worth $31,502,000.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA:SCHP opened at $53.66 on Tuesday. The firm’s fifty day simple moving average is $52.89 and its 200 day simple moving average is $52.18. Schwab U.S. TIPS ETF has a twelve month low of $49.50 and a twelve month high of $53.90.

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.