LifeGoal Investments LLC Sells 102,991 Shares of Schwab U.S. TIPS ETF $SCHP

LifeGoal Investments LLC decreased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 73.3% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 37,438 shares of the company’s stock after selling 102,991 shares during the quarter. Schwab U.S. TIPS ETF comprises approximately 0.8% of LifeGoal Investments LLC’s investment portfolio, making the stock its 26th largest holding. LifeGoal Investments LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,009,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Founders Financial Alliance LLC grew its stake in Schwab U.S. TIPS ETF by 392.8% in the third quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock valued at $26,000 after acquiring an additional 766 shares during the period. Financial Consulate Inc. acquired a new position in shares of Schwab U.S. TIPS ETF during the third quarter worth approximately $29,000. Ameritas Investment Partners Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 83.9% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after purchasing an additional 547 shares in the last quarter. Glass Jacobson Investment Advisors llc grew its position in Schwab U.S. TIPS ETF by 35.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock valued at $40,000 after purchasing an additional 383 shares during the period. Finally, AlphaCore Capital LLC increased its stake in Schwab U.S. TIPS ETF by 375.9% during the 3rd quarter. AlphaCore Capital LLC now owns 1,561 shares of the company’s stock valued at $42,000 after purchasing an additional 1,233 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.4%

NYSEARCA SCHP opened at $26.87 on Wednesday. The business’s fifty day moving average is $26.71 and its 200-day moving average is $26.80. Schwab U.S. TIPS ETF has a one year low of $25.83 and a one year high of $27.19.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein upgraded shares of Schwab U.S. TIPS ETF to a “hold” rating in a report on Friday, December 5th.

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.