B. Riley Wealth Advisors Inc. trimmed its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Rating) by 1.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 56,338 shares of the company’s stock after selling 803 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in Schwab U.S. TIPS ETF were worth $2,919,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors have also made changes to their positions in SCHP. Cambridge Trust Co. acquired a new position in Schwab U.S. TIPS ETF during the 3rd quarter valued at approximately $26,000. Oliver Lagore Vanvalin Investment Group boosted its position in Schwab U.S. TIPS ETF by 552.1% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 939 shares of the company’s stock valued at $52,000 after purchasing an additional 795 shares during the period. Spence Asset Management acquired a new position in Schwab U.S. TIPS ETF during the 3rd quarter valued at approximately $60,000. CWM LLC boosted its position in Schwab U.S. TIPS ETF by 46.5% during the 3rd quarter. CWM LLC now owns 1,181 shares of the company’s stock valued at $61,000 after purchasing an additional 375 shares during the period. Finally, Avion Wealth boosted its position in Schwab U.S. TIPS ETF by 174.8% during the 2nd quarter. Avion Wealth now owns 1,143 shares of the company’s stock valued at $64,000 after purchasing an additional 727 shares during the period.
Schwab U.S. TIPS ETF Trading Down 1.1 %
Shares of SCHP stock opened at $52.71 on Friday. Schwab U.S. TIPS ETF has a 1 year low of $51.47 and a 1 year high of $62.12. The stock has a fifty day moving average of $52.53 and a two-hundred day moving average of $52.71.
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.
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