SageView Advisory Group LLC Trims Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

SageView Advisory Group LLC trimmed its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 10.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,226 shares of the company’s stock after selling 1,343 shares during the period. SageView Advisory Group LLC’s holdings in Schwab U.S. TIPS ETF were worth $584,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Fisher Asset Management LLC purchased a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter worth about $229,000. Richardson Financial Services Inc. purchased a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter worth about $134,000. Transcendent Capital Group LLC purchased a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter worth about $26,000. EP Wealth Advisors LLC purchased a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter worth about $197,000. Finally, Nepc LLC purchased a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter worth about $78,399,000.

Schwab U.S. TIPS ETF Trading Up 0.4 %

Shares of SCHP stock opened at $52.22 on Wednesday. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $52.72. The firm’s 50-day simple moving average is $51.63 and its 200-day simple moving average is $51.80.

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.