Sagace Wealth Management LLC Has $825,000 Stock Position in Schwab U.S. TIPS ETF $SCHP

Sagace Wealth Management LLC cut its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,921 shares of the company’s stock after selling 571 shares during the quarter. Sagace Wealth Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $825,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of SCHP. JPMorgan Chase & Co. increased its position in shares of Schwab U.S. TIPS ETF by 1,240.8% during the first quarter. JPMorgan Chase & Co. now owns 17,556,656 shares of the company’s stock worth $472,102,000 after buying an additional 16,247,258 shares during the period. Wealthfront Advisers LLC increased its position in shares of Schwab U.S. TIPS ETF by 26.9% during the first quarter. Wealthfront Advisers LLC now owns 28,220,930 shares of the company’s stock worth $758,861,000 after buying an additional 5,986,682 shares during the period. Empower Advisory Group LLC increased its position in shares of Schwab U.S. TIPS ETF by 6.2% during the first quarter. Empower Advisory Group LLC now owns 40,669,805 shares of the company’s stock worth $1,093,611,000 after buying an additional 2,368,720 shares during the period. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Schwab U.S. TIPS ETF during the second quarter worth $28,606,000. Finally, Garde Capital Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF during the first quarter worth $28,300,000.

Schwab U.S. TIPS ETF Trading Down 0.0%

SCHP opened at $27.02 on Wednesday. Schwab U.S. TIPS ETF has a twelve month low of $25.68 and a twelve month high of $27.19. The company has a fifty day moving average of $26.89 and a 200-day moving average of $26.63.

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.