Carolina Wealth Advisors LLC Sells 268,739 Shares of Schwab U.S. TIPS ETF $SCHP

Carolina Wealth Advisors LLC cut its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 35.6% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 486,139 shares of the company’s stock after selling 268,739 shares during the period. Schwab U.S. TIPS ETF comprises approximately 5.7% of Carolina Wealth Advisors LLC’s investment portfolio, making the stock its 3rd biggest position. Carolina Wealth Advisors LLC owned approximately 0.09% of Schwab U.S. TIPS ETF worth $13,101,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. Wealthfront Advisers LLC grew its position in Schwab U.S. TIPS ETF by 13.3% during the 2nd quarter. Wealthfront Advisers LLC now owns 31,970,077 shares of the company’s stock worth $852,962,000 after acquiring an additional 3,749,147 shares during the last quarter. Empower Advisory Group LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 4.9% during the second quarter. Empower Advisory Group LLC now owns 42,677,764 shares of the company’s stock valued at $1,138,643,000 after purchasing an additional 2,007,959 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in shares of Schwab U.S. TIPS ETF during the second quarter worth about $28,606,000. Prentice Wealth Management LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 179.0% during the second quarter. Prentice Wealth Management LLC now owns 928,865 shares of the company’s stock worth $24,782,000 after purchasing an additional 595,943 shares during the last quarter. Finally, Matrix Trust Co increased its stake in shares of Schwab U.S. TIPS ETF by 48.6% in the second quarter. Matrix Trust Co now owns 1,606,096 shares of the company’s stock valued at $42,851,000 after buying an additional 525,519 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.1%

SCHP opened at $26.65 on Wednesday. Schwab U.S. TIPS ETF has a twelve month low of $25.68 and a twelve month high of $27.19. The company has a fifty day moving average of $26.88 and a 200-day moving average of $26.76.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein upgraded shares of Schwab U.S. TIPS ETF to a “hold” rating in a research report on Friday, December 5th.

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.