CENTRAL TRUST Co Sells 590 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

CENTRAL TRUST Co lowered its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Rating) by 0.1% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 851,048 shares of the company’s stock after selling 590 shares during the quarter. Schwab U.S. TIPS ETF makes up approximately 1.5% of CENTRAL TRUST Co’s investment portfolio, making the stock its 14th largest position. CENTRAL TRUST Co owned approximately 0.31% of Schwab U.S. TIPS ETF worth $44,085,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. BTS Asset Management Inc. increased its position in shares of Schwab U.S. TIPS ETF by 1.6% in the first quarter. BTS Asset Management Inc. now owns 11,568 shares of the company’s stock valued at $702,000 after acquiring an additional 178 shares during the last quarter. Baltimore Washington Financial Advisors Inc. acquired a new position in Schwab U.S. TIPS ETF during the first quarter worth approximately $567,000. RFG Advisory LLC increased its position in Schwab U.S. TIPS ETF by 2.8% during the third quarter. RFG Advisory LLC now owns 7,260 shares of the company’s stock worth $376,000 after buying an additional 198 shares during the last quarter. Vicus Capital increased its position in Schwab U.S. TIPS ETF by 0.7% during the third quarter. Vicus Capital now owns 31,001 shares of the company’s stock worth $1,606,000 after buying an additional 217 shares during the last quarter. Finally, Avantax Planning Partners Inc. increased its position in Schwab U.S. TIPS ETF by 0.7% during the third quarter. Avantax Planning Partners Inc. now owns 35,424 shares of the company’s stock worth $1,835,000 after buying an additional 237 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $53.29 on Thursday. The business’s 50 day moving average price is $52.51 and its two-hundred day moving average price is $52.71. Schwab U.S. TIPS ETF has a twelve month low of $51.47 and a twelve month high of $62.12.

Schwab U.S. TIPS ETF Profile

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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.