Olistico Wealth LLC Sells 1,619 Shares of Schwab U.S. TIPS ETF $SCHP

Olistico Wealth LLC reduced its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 53.4% during the second quarter, HoldingsChannel.com reports. The fund owned 1,410 shares of the company’s stock after selling 1,619 shares during the quarter. Olistico Wealth LLC’s holdings in Schwab U.S. TIPS ETF were worth $38,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its holdings in Schwab U.S. TIPS ETF by 33.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,965,014 shares of the company’s stock valued at $52,839,000 after acquiring an additional 496,070 shares during the last quarter. NBC Securities Inc. increased its holdings in shares of Schwab U.S. TIPS ETF by 115,900.0% in the 1st quarter. NBC Securities Inc. now owns 1,160 shares of the company’s stock worth $31,000 after buying an additional 1,159 shares during the last quarter. Park Avenue Securities LLC bought a new stake in shares of Schwab U.S. TIPS ETF in the 2nd quarter worth about $221,000. CWM LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 20.8% in the 1st quarter. CWM LLC now owns 7,524 shares of the company’s stock worth $202,000 after buying an additional 1,294 shares during the last quarter. Finally, UMB Bank n.a. increased its holdings in shares of Schwab U.S. TIPS ETF by 33.8% in the 1st quarter. UMB Bank n.a. now owns 31,261 shares of the company’s stock worth $841,000 after buying an additional 7,895 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.87 on Friday. The company’s 50-day moving average price is $26.85 and its 200-day moving average price is $26.62. Schwab U.S. TIPS ETF has a twelve month low of $25.68 and a twelve month high of $27.19.

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.