Roble Belko & Company Inc Reduces Stock Holdings in Schwab U.S. TIPS ETF $SCHP

Roble Belko & Company Inc lowered its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 8.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 488,303 shares of the company’s stock after selling 44,448 shares during the period. Schwab U.S. TIPS ETF accounts for approximately 1.4% of Roble Belko & Company Inc’s holdings, making the stock its 17th biggest holding. Roble Belko & Company Inc’s holdings in Schwab U.S. TIPS ETF were worth $12,940,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Archer Investment Corp raised its holdings in Schwab U.S. TIPS ETF by 212.2% in the 1st quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after purchasing an additional 660 shares in the last quarter. Lloyd Advisory Services LLC. bought a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at about $29,000. Ameritas Investment Partners Inc. boosted its stake in shares of Schwab U.S. TIPS ETF by 83.9% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after purchasing an additional 547 shares in the last quarter. CIBC Private Wealth Group LLC increased its position in shares of Schwab U.S. TIPS ETF by 69.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock valued at $35,000 after buying an additional 541 shares during the period. Finally, TOP Private Wealth LLC. purchased a new position in shares of Schwab U.S. TIPS ETF during the second quarter valued at about $38,000.

Schwab U.S. TIPS ETF Price Performance

SCHP stock opened at $25.87 on Wednesday. Schwab U.S. TIPS ETF has a 1 year low of $25.78 and a 1 year high of $27.19. The firm has a 50-day moving average of $26.05 and a 200 day moving average of $26.47.

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.