Stratos Wealth Partners LTD. lessened its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 2.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 150,838 shares of the company’s stock after selling 3,315 shares during the period. Stratos Wealth Partners LTD.’s holdings in Schwab U.S. TIPS ETF were worth $4,024,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHP. Park Avenue Securities LLC acquired a new position in shares of Schwab U.S. TIPS ETF in the 2nd quarter valued at about $221,000. CWM LLC lifted its holdings in Schwab U.S. TIPS ETF by 20.8% in the first quarter. CWM LLC now owns 7,524 shares of the company’s stock valued at $202,000 after acquiring an additional 1,294 shares during the period. Trust Co. of Toledo NA OH purchased a new stake in Schwab U.S. TIPS ETF in the 2nd quarter worth approximately $59,000. Inlight Wealth Management LLC grew its stake in shares of Schwab U.S. TIPS ETF by 28.9% during the 2nd quarter. Inlight Wealth Management LLC now owns 7,978 shares of the company’s stock worth $213,000 after purchasing an additional 1,789 shares during the period. Finally, RHS Financial LLC grew its stake in shares of Schwab U.S. TIPS ETF by 34.7% during the 2nd quarter. RHS Financial LLC now owns 99,653 shares of the company’s stock worth $2,659,000 after purchasing an additional 25,695 shares during the period.
Schwab U.S. TIPS ETF Trading Down 0.1%
SCHP opened at $27.03 on Friday. The firm has a fifty day moving average price of $26.91 and a 200 day moving average price of $26.64. Schwab U.S. TIPS ETF has a 1 year low of $25.68 and a 1 year high of $27.19.
Schwab U.S. TIPS ETF Company 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.
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