White Lighthouse Investment Management Inc. Cuts Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

White Lighthouse Investment Management Inc. lowered its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 7.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 29,486 shares of the company’s stock after selling 2,433 shares during the quarter. White Lighthouse Investment Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $1,539,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Moneta Group Investment Advisors LLC increased its holdings in Schwab U.S. TIPS ETF by 83,208.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 7,912,667 shares of the company’s stock valued at $409,797,000 after buying an additional 7,903,169 shares during the last quarter. Empower Advisory Group LLC boosted its stake in Schwab U.S. TIPS ETF by 24.9% in the third quarter. Empower Advisory Group LLC now owns 12,524,783 shares of the company’s stock valued at $632,376,000 after acquiring an additional 2,499,508 shares in the last quarter. Quadratic Capital Management LLC boosted its stake in Schwab U.S. TIPS ETF by 19.0% in the third quarter. Quadratic Capital Management LLC now owns 14,279,084 shares of the company’s stock valued at $720,951,000 after acquiring an additional 2,281,058 shares in the last quarter. 1832 Asset Management L.P. acquired a new position in Schwab U.S. TIPS ETF in the first quarter valued at $61,128,000. Finally, Korea Investment CORP acquired a new position in Schwab U.S. TIPS ETF in the third quarter valued at $29,284,000.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP traded down $0.01 during trading hours on Wednesday, hitting $51.75. The company had a trading volume of 973,858 shares, compared to its average volume of 1,246,027. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $54.10. The business has a 50 day moving average of $51.84 and a 200-day moving average of $51.35.

Schwab U.S. TIPS ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, April 5th. Shareholders of record on Tuesday, April 2nd will be paid a $0.0756 dividend. The ex-dividend date of this dividend is Monday, April 1st.

Schwab U.S. TIPS ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

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