Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Sold by Empowered Funds LLC

Empowered Funds LLC reduced its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 45.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,091 shares of the company’s stock after selling 62,736 shares during the period. Empowered Funds LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,914,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB lifted its holdings in Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 18,000 shares of the company’s stock valued at $465,000 after purchasing an additional 9,000 shares in the last quarter. Kingsview Wealth Management LLC raised its position in shares of Schwab U.S. TIPS ETF by 98.2% in the fourth quarter. Kingsview Wealth Management LLC now owns 67,152 shares of the company’s stock valued at $1,735,000 after buying an additional 33,267 shares during the last quarter. Archvest Wealth Advisors Inc. lifted its stake in shares of Schwab U.S. TIPS ETF by 102.5% during the fourth quarter. Archvest Wealth Advisors Inc. now owns 53,305 shares of the company’s stock valued at $1,377,000 after buying an additional 26,979 shares during the period. Apollon Wealth Management LLC boosted its position in Schwab U.S. TIPS ETF by 40.0% during the fourth quarter. Apollon Wealth Management LLC now owns 19,711 shares of the company’s stock worth $509,000 after acquiring an additional 5,628 shares during the last quarter. Finally, Arcataur Capital Management LLC grew its stake in Schwab U.S. TIPS ETF by 97.2% in the 4th quarter. Arcataur Capital Management LLC now owns 90,460 shares of the company’s stock worth $2,337,000 after acquiring an additional 44,587 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.2 %

Shares of SCHP opened at $26.30 on Friday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96. The stock has a fifty day moving average of $26.01 and a two-hundred day moving average of $26.30.

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.