Sigma Planning Corp Sells 19,569 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Sigma Planning Corp decreased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 72.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,285 shares of the company’s stock after selling 19,569 shares during the period. Sigma Planning Corp’s holdings in Schwab U.S. TIPS ETF were worth $380,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Asset Dedication LLC raised its position in Schwab U.S. TIPS ETF by 425.8% during the 3rd quarter. Asset Dedication LLC now owns 510 shares of the company’s stock valued at $25,000 after purchasing an additional 413 shares during the last quarter. Oliver Lagore Vanvalin Investment Group raised its position in Schwab U.S. TIPS ETF by 3,229.4% during the 3rd quarter. Oliver Lagore Vanvalin Investment Group now owns 566 shares of the company’s stock valued at $29,000 after purchasing an additional 549 shares during the last quarter. NBC Securities Inc. purchased a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at approximately $31,000. Clearstead Advisors LLC boosted its position in shares of Schwab U.S. TIPS ETF by 432.9% during the third quarter. Clearstead Advisors LLC now owns 1,231 shares of the company’s stock valued at $62,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Private Ocean LLC boosted its position in shares of Schwab U.S. TIPS ETF by 94.1% during the third quarter. Private Ocean LLC now owns 1,421 shares of the company’s stock valued at $72,000 after purchasing an additional 689 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP opened at $51.33 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $49.50 and a twelve month high of $53.83. The stock’s 50 day moving average is $51.71 and its 200 day moving average is $51.47.

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.