Schwab U.S. TIPS ETF $SCHP Shares Sold by Virtue Capital Management LLC

Virtue Capital Management LLC decreased its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 50.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 160,409 shares of the company’s stock after selling 162,712 shares during the period. Schwab U.S. TIPS ETF comprises 0.8% of Virtue Capital Management LLC’s portfolio, making the stock its 27th largest holding. Virtue Capital Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $4,280,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. raised its holdings in Schwab U.S. TIPS ETF by 4.6% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 137,007 shares of the company’s stock worth $3,655,000 after purchasing an additional 6,020 shares in the last quarter. Choreo LLC raised its stake in shares of Schwab U.S. TIPS ETF by 2.3% during the 2nd quarter. Choreo LLC now owns 57,882 shares of the company’s stock worth $1,544,000 after buying an additional 1,276 shares in the last quarter. Viawealth LLC raised its stake in shares of Schwab U.S. TIPS ETF by 96.5% during the 2nd quarter. Viawealth LLC now owns 31,302 shares of the company’s stock worth $835,000 after buying an additional 15,375 shares in the last quarter. J.W. Cole Advisors Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 1.2% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 78,778 shares of the company’s stock valued at $2,102,000 after buying an additional 936 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 3.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 222,649 shares of the company’s stock valued at $5,940,000 after buying an additional 7,055 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.2%

Shares of SCHP stock opened at $26.98 on Friday. The business’s fifty day moving average price is $26.93 and its 200 day moving average price is $26.72. Schwab U.S. TIPS ETF has a 1-year low of $25.68 and a 1-year high of $27.19.

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.