Litman Gregory Wealth Management LLC cut its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 86.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 101,195 shares of the company’s stock after selling 636,684 shares during the period. Litman Gregory Wealth Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,614,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the business. Salem Investment Counselors Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 91.8% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after acquiring an additional 506 shares during the period. Capital Performance Advisors LLP bought a new stake in Schwab U.S. TIPS ETF in the 3rd quarter valued at about $63,000. First Community Trust NA boosted its stake in Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after purchasing an additional 700 shares during the period. Decker Retirement Planning Inc. bought a new position in Schwab U.S. TIPS ETF in the 4th quarter worth about $45,000. Finally, Pflug Koory LLC increased its stake in shares of Schwab U.S. TIPS ETF by 100.2% in the fourth quarter. Pflug Koory LLC now owns 1,858 shares of the company’s stock valued at $48,000 after purchasing an additional 930 shares during the period.
Schwab U.S. TIPS ETF Stock Up 0.1 %
SCHP opened at $26.15 on Friday. The business’s 50 day moving average is $26.03 and its 200-day moving average is $26.29. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96.
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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