Schwab U.S. TIPS ETF $SCHP is Lutz Financial Services LLC’s 8th Largest Position

Lutz Financial Services LLC decreased its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1.7% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,850,449 shares of the company’s stock after selling 31,876 shares during the period. Schwab U.S. TIPS ETF comprises 3.8% of Lutz Financial Services LLC’s investment portfolio, making the stock its 8th biggest position. Lutz Financial Services LLC owned approximately 0.38% of Schwab U.S. TIPS ETF worth $49,370,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWC Advisors LLC. increased its holdings in Schwab U.S. TIPS ETF by 3.4% in the second quarter. CWC Advisors LLC. now owns 11,653 shares of the company’s stock valued at $311,000 after buying an additional 384 shares in the last quarter. Mutual Advisors LLC increased its holdings in Schwab U.S. TIPS ETF by 0.7% in the first quarter. Mutual Advisors LLC now owns 61,454 shares of the company’s stock valued at $1,637,000 after buying an additional 428 shares in the last quarter. Mengis Capital Management Inc. increased its holdings in Schwab U.S. TIPS ETF by 2.8% in the second quarter. Mengis Capital Management Inc. now owns 16,010 shares of the company’s stock valued at $427,000 after buying an additional 442 shares in the last quarter. Csenge Advisory Group increased its holdings in Schwab U.S. TIPS ETF by 0.6% in the first quarter. Csenge Advisory Group now owns 72,801 shares of the company’s stock valued at $1,924,000 after buying an additional 470 shares in the last quarter. Finally, Jackson Creek Investment Advisors LLC increased its holdings in Schwab U.S. TIPS ETF by 1.8% in the first quarter. Jackson Creek Investment Advisors LLC now owns 26,862 shares of the company’s stock valued at $722,000 after buying an additional 476 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.1%

SCHP opened at $27.03 on Friday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.68 and a fifty-two week high of $27.19. The company has a fifty day moving average of $26.91 and a two-hundred day moving average of $26.64.

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.