Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Sold by Litman Gregory Wealth Management LLC

Litman Gregory Wealth Management LLC cut its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 86.3% in the 4th quarter, HoldingsChannel reports. The fund 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 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Empower Advisory Group LLC lifted its holdings in Schwab U.S. TIPS ETF by 5.1% in the 3rd quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock valued at $951,174,000 after acquiring an additional 857,417 shares during the last quarter. Quadratic Capital Management LLC boosted its holdings in Schwab U.S. TIPS ETF by 24.5% during the fourth quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock worth $367,692,000 after buying an additional 2,803,683 shares in the last quarter. JPMorgan Chase & Co. grew its position in Schwab U.S. TIPS ETF by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock worth $534,806,000 after buying an additional 1,458,886 shares during the last quarter. Cerity Partners LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 19.8% in the third quarter. Cerity Partners LLC now owns 3,922,743 shares of the company’s stock valued at $210,377,000 after buying an additional 648,333 shares in the last quarter. Finally, CENTRAL TRUST Co lifted its position in shares of Schwab U.S. TIPS ETF by 7.7% during the 3rd quarter. CENTRAL TRUST Co now owns 3,054,602 shares of the company’s stock valued at $163,818,000 after acquiring an additional 217,441 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of Schwab U.S. TIPS ETF stock opened at $26.15 on Friday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The stock’s fifty day moving average is $26.03 and its 200-day moving average is $26.29.

Schwab U.S. TIPS ETF Company 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.