Schwab U.S. TIPS ETF $SCHP Stock Sold by Lodestar Private Asset Management LLC

Lodestar Private Asset Management LLC decreased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 15.8% during the 3rd quarter, Holdings Channel.com reports. The firm owned 109,029 shares of the company’s stock after selling 20,475 shares during the period. Lodestar Private Asset Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,740,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Archer Investment Corp raised its position in Schwab U.S. TIPS ETF by 212.2% in the 1st quarter. Archer Investment Corp now owns 971 shares of the company’s stock valued at $26,000 after purchasing an additional 660 shares in the last quarter. First Community Trust NA acquired a new position in shares of Schwab U.S. TIPS ETF during the third quarter worth about $25,000. Align Financial LLC acquired a new position in shares of Schwab U.S. TIPS ETF during the third quarter worth about $27,000. TOP Private Wealth LLC. purchased a new stake in shares of Schwab U.S. TIPS ETF during the second quarter worth approximately $38,000. Finally, CX Institutional purchased a new stake in shares of Schwab U.S. TIPS ETF during the third quarter worth approximately $44,000.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA:SCHP opened at $25.64 on Wednesday. The firm’s 50 day moving average price is $25.55 and its 200 day moving average price is $26.30. Schwab U.S. TIPS ETF has a fifty-two week low of $25.01 and a fifty-two week high of $27.11.

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.