Cetera Investment Advisers Sells 147,175 Shares of Schwab U.S. TIPS ETF $SCHP

Cetera Investment Advisers decreased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 12.8% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 1,001,032 shares of the company’s stock after selling 147,175 shares during the period. Cetera Investment Advisers owned 0.17% of Schwab U.S. TIPS ETF worth $26,637,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in the stock. Cerity Partners LLC boosted its position in Schwab U.S. TIPS ETF by 11.2% during the fourth quarter. Cerity Partners LLC now owns 9,291,730 shares of the company’s stock worth $246,138,000 after purchasing an additional 936,063 shares during the period. Evoke Wealth LLC raised its position in shares of Schwab U.S. TIPS ETF by 16.5% in the fourth quarter. Evoke Wealth LLC now owns 9,032,516 shares of the company’s stock valued at $239,272,000 after purchasing an additional 1,281,394 shares during the period. Lincoln National Corp lifted its stake in shares of Schwab U.S. TIPS ETF by 180.0% in the first quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock worth $237,038,000 after buying an additional 5,726,082 shares during the last quarter. CENTRAL TRUST Co lifted its stake in shares of Schwab U.S. TIPS ETF by 5.5% in the first quarter. CENTRAL TRUST Co now owns 8,055,215 shares of the company’s stock worth $214,349,000 after buying an additional 421,678 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its stake in shares of Schwab U.S. TIPS ETF by 2.9% in the second quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock worth $209,004,000 after buying an additional 223,281 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA SCHP opened at $26.09 on Monday. Schwab U.S. TIPS ETF has a 1 year low of $26.06 and a 1 year high of $27.19. The company has a fifty day simple moving average of $26.44 and a 200 day simple moving average of $26.62.

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.