Seed Wealth Management Inc. lessened its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 36.9% during the 3rd quarter, Holdings Channel reports. The firm owned 100,760 shares of the company’s stock after selling 58,805 shares during the quarter. Schwab U.S. TIPS ETF comprises 1.6% of Seed Wealth Management Inc.’s investment portfolio, making the stock its 14th biggest holding. Seed Wealth Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $2,532,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other large investors have also modified their holdings of the company. First Community Trust NA purchased a new position in shares of Schwab U.S. TIPS ETF during the 3rd quarter worth approximately $25,000. Archer Investment Corp raised its position in shares of Schwab U.S. TIPS ETF by 212.2% during the 1st quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after purchasing an additional 660 shares during the last quarter. Align Financial LLC purchased a new stake in Schwab U.S. TIPS ETF in the 3rd quarter valued at approximately $27,000. TOP Private Wealth LLC. purchased a new stake in Schwab U.S. TIPS ETF in the 2nd quarter valued at approximately $38,000. Finally, CX Institutional purchased a new stake in Schwab U.S. TIPS ETF in the 3rd quarter valued at approximately $44,000.
Schwab U.S. TIPS ETF Trading Up 0.2%
Shares of NYSEARCA:SCHP opened at $25.44 on Wednesday. The business’s fifty 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.
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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
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