Schwab U.S. TIPS ETF $SCHP Shares Sold by Compound Planning Inc.

Compound Planning Inc. reduced its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 39.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,249 shares of the company’s stock after selling 18,122 shares during the period. Compound Planning Inc.’s holdings in Schwab U.S. TIPS ETF were worth $733,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Coppell Advisory Solutions LLC lifted its position in shares of Schwab U.S. TIPS ETF by 246.5% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,050 shares of the company’s stock worth $27,000 after purchasing an additional 747 shares during the last quarter. NBC Securities Inc. raised its stake in Schwab U.S. TIPS ETF by 115,900.0% during the first quarter. NBC Securities Inc. now owns 1,160 shares of the company’s stock valued at $31,000 after buying an additional 1,159 shares in the last quarter. Abound Wealth Management bought a new position in Schwab U.S. TIPS ETF during the 1st quarter worth approximately $36,000. Center for Financial Planning Inc. acquired a new position in shares of Schwab U.S. TIPS ETF in the 1st quarter worth approximately $38,000. Finally, Colonial Trust Co SC grew its position in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Colonial Trust Co SC now owns 1,600 shares of the company’s stock worth $41,000 after acquiring an additional 800 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

SCHP stock opened at $26.85 on Monday. Schwab U.S. TIPS ETF has a 12-month low of $25.68 and a 12-month high of $27.06. The stock’s 50 day simple moving average is $26.60 and its 200 day simple moving average is $26.51.

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.