Schwab U.S. TIPS ETF $SCHP Shares Purchased by Wealthcare Capital Management LLC

Wealthcare Capital Management LLC raised its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2.7% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 360,659 shares of the company’s stock after purchasing an additional 9,439 shares during the period. Schwab U.S. TIPS ETF accounts for 1.0% of Wealthcare Capital Management LLC’s portfolio, making the stock its 10th largest holding. Wealthcare Capital Management LLC owned 0.07% of Schwab U.S. TIPS ETF worth $9,622,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the company. NBC Securities Inc. grew its stake in Schwab U.S. TIPS ETF by 115,900.0% in the 1st 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 during the last quarter. Mogy Joel R Investment Counsel Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF in the second quarter valued at about $32,000. Abound Wealth Management acquired a new position in shares of Schwab U.S. TIPS ETF during the 1st quarter worth about $36,000. Center for Financial Planning Inc. acquired a new stake in Schwab U.S. TIPS ETF in the 1st quarter valued at approximately $38,000. Finally, Mowery & Schoenfeld Wealth Management LLC bought a new stake in shares of Schwab U.S. TIPS ETF in the first quarter valued at approximately $41,000.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP opened at $26.87 on Friday. The company’s fifty day moving average is $26.85 and its two-hundred day moving average is $26.62. Schwab U.S. TIPS ETF has a 52-week low of $25.68 and a 52-week high of $27.19.

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.