Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Sold by Pinnacle Bancorp Inc.

Pinnacle Bancorp Inc. cut its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 8.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,938 shares of the company’s stock after selling 1,451 shares during the period. Pinnacle Bancorp Inc.’s holdings in Schwab U.S. TIPS ETF were worth $779,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHP. Friedenthal Financial increased its holdings in Schwab U.S. TIPS ETF by 0.8% in the fourth quarter. Friedenthal Financial now owns 25,747 shares of the company’s stock valued at $1,344,000 after buying an additional 193 shares in the last quarter. Jackson Creek Investment Advisors LLC increased its holdings in Schwab U.S. TIPS ETF by 2.2% in the fourth quarter. Jackson Creek Investment Advisors LLC now owns 11,497 shares of the company’s stock valued at $600,000 after buying an additional 252 shares in the last quarter. Mayflower Financial Advisors LLC increased its holdings in Schwab U.S. TIPS ETF by 1.6% in the fourth quarter. Mayflower Financial Advisors LLC now owns 17,251 shares of the company’s stock valued at $901,000 after buying an additional 270 shares in the last quarter. Security Financial Services INC. increased its holdings in Schwab U.S. TIPS ETF by 1.5% in the fourth quarter. Security Financial Services INC. now owns 20,258 shares of the company’s stock valued at $1,057,000 after buying an additional 303 shares in the last quarter. Finally, CWM LLC increased its stake in shares of Schwab U.S. TIPS ETF by 24.1% during the fourth quarter. CWM LLC now owns 2,226 shares of the company’s stock worth $116,000 after purchasing an additional 432 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.3 %

Shares of SCHP stock traded down $0.18 on Friday, reaching $52.01. 758,995 shares of the company were exchanged, compared to its average volume of 1,285,393. The business has a 50-day moving average price of $51.76 and a 200 day moving average price of $51.83. Schwab U.S. TIPS ETF has a 1 year low of $49.50 and a 1 year high of $52.71.

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.