Atria Wealth Solutions Inc. Lowers Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Atria Wealth Solutions Inc. lessened its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 5.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 16,564 shares of the company’s stock after selling 905 shares during the period. Atria Wealth Solutions Inc.’s holdings in Schwab U.S. TIPS ETF were worth $865,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Raymond James & Associates lifted its stake in shares of Schwab U.S. TIPS ETF by 5.2% in the 3rd quarter. Raymond James & Associates now owns 360,036 shares of the company’s stock worth $18,178,000 after acquiring an additional 17,828 shares during the period. Raymond James Financial Services Advisors Inc. lifted its position in Schwab U.S. TIPS ETF by 37.6% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 196,538 shares of the company’s stock valued at $9,923,000 after purchasing an additional 53,673 shares during the period. Stratos Wealth Partners LTD. boosted its holdings in Schwab U.S. TIPS ETF by 0.9% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 32,544 shares of the company’s stock valued at $1,643,000 after purchasing an additional 302 shares in the last quarter. Bank of New York Mellon Corp increased its position in Schwab U.S. TIPS ETF by 89.6% during the 3rd quarter. Bank of New York Mellon Corp now owns 1,000,333 shares of the company’s stock worth $50,507,000 after purchasing an additional 472,624 shares during the period. Finally, Upper Left Wealth Management LLC raised its stake in shares of Schwab U.S. TIPS ETF by 8.0% during the 3rd quarter. Upper Left Wealth Management LLC now owns 71,836 shares of the company’s stock worth $3,627,000 after buying an additional 5,331 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

SCHP opened at $51.51 on Friday. Schwab U.S. TIPS ETF has a 12 month low of $49.50 and a 12 month high of $53.83. The business has a 50 day simple moving average of $51.69 and a 200-day simple moving average of $51.50.

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.