Joseph P. Lucia & Associates LLC cut its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 4.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 38,658 shares of the company’s stock after selling 1,747 shares during the period. Joseph P. Lucia & Associates LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,031,000 at the end of the most recent reporting period.
Several other large investors have also modified their holdings of the business. CWC Advisors LLC. grew its position in shares of 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 purchasing an additional 384 shares during the last quarter. Mutual Advisors LLC grew its position in shares of 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 purchasing an additional 428 shares during the last quarter. Mengis Capital Management Inc. grew its position in shares of 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 purchasing an additional 442 shares during the last quarter. Csenge Advisory Group grew its position in shares of 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 purchasing an additional 470 shares during the last quarter. Finally, Jackson Creek Investment Advisors LLC grew its position in shares of 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 purchasing an additional 476 shares during the last quarter.
Schwab U.S. TIPS ETF Trading Down 0.1%
SCHP stock opened at $27.03 on Friday. Schwab U.S. TIPS ETF has a 12 month low of $25.68 and a 12 month high of $27.19. The company’s 50 day simple moving average is $26.91 and its 200-day simple moving average is $26.64.
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.
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