Laraway Financial Advisors Inc Decreases Stake in Schwab U.S. TIPS ETF $SCHP

Laraway Financial Advisors Inc cut its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 23,727 shares of the company’s stock after selling 569 shares during the quarter. Laraway Financial Advisors Inc’s holdings in Schwab U.S. TIPS ETF were worth $638,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its stake in Schwab U.S. TIPS ETF by 1,240.8% during the first quarter. JPMorgan Chase & Co. now owns 17,556,656 shares of the company’s stock worth $472,102,000 after purchasing an additional 16,247,258 shares during the period. Wealthfront Advisers LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 26.9% during the 1st quarter. Wealthfront Advisers LLC now owns 28,220,930 shares of the company’s stock worth $758,861,000 after buying an additional 5,986,682 shares during the last quarter. Voya Investment Management LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 103.8% during the 4th quarter. Voya Investment Management LLC now owns 10,955,163 shares of the company’s stock worth $282,972,000 after buying an additional 5,579,336 shares during the last quarter. Nepc LLC lifted its holdings in Schwab U.S. TIPS ETF by 157.0% in the fourth quarter. Nepc LLC now owns 7,637,467 shares of the company’s stock valued at $197,276,000 after acquiring an additional 4,666,256 shares during the last quarter. Finally, Jasper Ridge Partners L.P. lifted its holdings in Schwab U.S. TIPS ETF by 97.8% in the fourth quarter. Jasper Ridge Partners L.P. now owns 7,519,495 shares of the company’s stock valued at $194,229,000 after acquiring an additional 3,718,775 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.3%

Shares of Schwab U.S. TIPS ETF stock opened at $26.64 on Monday. The stock has a 50 day moving average of $26.56 and a 200 day moving average of $26.50. Schwab U.S. TIPS ETF has a fifty-two week low of $25.68 and a fifty-two week high of $27.06.

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.