Schwab U.S. TIPS ETF $SCHP Shares Sold by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC reduced its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.3% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 58,838 shares of the company’s stock after selling 2,625 shares during the period. Soltis Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,570,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Mogy Joel R Investment Counsel Inc. acquired a new position in Schwab U.S. TIPS ETF in the 2nd quarter valued at about $32,000. Bessemer Group Inc. acquired a new position in shares of Schwab U.S. TIPS ETF in the second quarter valued at approximately $32,000. Hantz Financial Services Inc. purchased a new stake in shares of Schwab U.S. TIPS ETF during the second quarter worth approximately $35,000. Bogart Wealth LLC raised its stake in shares of Schwab U.S. TIPS ETF by 64.1% during the second quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock worth $38,000 after purchasing an additional 551 shares during the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new stake in shares of Schwab U.S. TIPS ETF during the first quarter worth $41,000.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $26.81 on Friday. The company’s fifty day moving average is $26.97 and its two-hundred day moving average is $26.69. Schwab U.S. TIPS ETF has a 1 year low of $25.68 and a 1 year high of $27.19.

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.