Raymond James & Associates decreased its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Rating) by 36.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 189,100 shares of the company’s stock after selling 108,761 shares during the period. Raymond James & Associates owned 0.07% of Schwab U.S. TIPS ETF worth $9,793,000 at the end of the most recent quarter.
Several other hedge funds also recently modified their holdings of SCHP. Financial Management Professionals Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 1,575.9% in the 4th quarter. Financial Management Professionals Inc. now owns 486 shares of the company’s stock valued at $25,000 after acquiring an additional 457 shares in the last quarter. Cambridge Trust Co. acquired a new stake in Schwab U.S. TIPS ETF in the 3rd quarter valued at about $26,000. SYM FINANCIAL Corp acquired a new stake in Schwab U.S. TIPS ETF in the 4th quarter valued at about $26,000. IAG Wealth Partners LLC acquired a new stake in Schwab U.S. TIPS ETF in the 4th quarter valued at about $50,000. Finally, CWM LLC lifted its stake in Schwab U.S. TIPS ETF by 46.5% in 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 last quarter.
Schwab U.S. TIPS ETF Trading Down 0.3 %
Shares of NYSEARCA:SCHP opened at $52.91 on Friday. Schwab U.S. TIPS ETF has a 52-week low of $51.47 and a 52-week high of $58.65. The company has a 50-day simple moving average of $53.35 and a 200 day simple moving average of $52.76.
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.
Featured Articles
- Get a free copy of the StockNews.com research report on Schwab U.S. TIPS ETF (SCHP)
- It’s Time To Take Another Bite Of Take-Two Interactive
- Zoetis Declares New Dividend, Hinting At Undervaluation
- Good News For Walmart Isn’t So Great For Everybody Else
- Eagle Materials, Answering America’s Building Supply Needs
- Pharma Giants Novartis, Lilly, Merck, and Novo Outperform Market
Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Rating).
Receive News & Ratings for Schwab U.S. TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.
