Schwab U.S. TIPS ETF $SCHP Stock: Robinswood Financial LLC Cuts Position

Robinswood Financial LLC lowered its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.4% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 438,734 shares of the company’s stock after selling 30,071 shares during the period. Schwab U.S. TIPS ETF comprises about 3.4% of Robinswood Financial LLC’s investment portfolio, making the stock its 13th biggest holding. Robinswood Financial LLC owned 0.07% of Schwab U.S. TIPS ETF worth $11,135,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of SCHP. Prime Capital Investment Advisors LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 1.3% during the third quarter. Prime Capital Investment Advisors LLC now owns 2,354,235 shares of the company’s stock worth $59,162,000 after acquiring an additional 30,894 shares in the last quarter. Prentice Wealth Management LLC boosted its position in Schwab U.S. TIPS ETF by 4.8% during the third quarter. Prentice Wealth Management LLC now owns 1,122,609 shares of the company’s stock valued at $28,211,000 after purchasing an additional 50,975 shares during the last quarter. Stewardship Advisors LLC boosted its position in Schwab U.S. TIPS ETF by 7.2% during the third quarter. Stewardship Advisors LLC now owns 22,432 shares of the company’s stock valued at $564,000 after purchasing an additional 1,511 shares during the last quarter. Islay Capital Management LLC boosted its position in Schwab U.S. TIPS ETF by 178.6% during the third quarter. Islay Capital Management LLC now owns 78,000 shares of the company’s stock valued at $1,960,000 after purchasing an additional 50,000 shares during the last quarter. Finally, Williams Financial LLC grew its stake in Schwab U.S. TIPS ETF by 2.8% in the third quarter. Williams Financial LLC now owns 239,109 shares of the company’s stock valued at $6,009,000 after purchasing an additional 6,562 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA SCHP opened at $25.44 on Wednesday. The business’s 50-day moving average price is $25.58 and its two-hundred day moving average price is $26.17. Schwab U.S. TIPS ETF has a one year low of $25.01 and a one year high of $27.15.

Schwab U.S. TIPS ETF 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.