Atlas Capital Advisors LLC Reduces Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Atlas Capital Advisors LLC decreased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 31.4% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,796 shares of the company’s stock after selling 822 shares during the period. Atlas Capital Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $94,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the stock. FMR LLC grew its position in shares of Schwab U.S. TIPS ETF by 28.4% in the third quarter. FMR LLC now owns 48,447 shares of the company’s stock valued at $2,446,000 after purchasing an additional 10,721 shares during the period. SRS Capital Advisors Inc. grew its position in shares of Schwab U.S. TIPS ETF by 8.6% in the third quarter. SRS Capital Advisors Inc. now owns 552,872 shares of the company’s stock valued at $27,915,000 after purchasing an additional 43,677 shares during the period. Advisors Asset Management Inc. grew its position in shares of Schwab U.S. TIPS ETF by 7.0% in the third quarter. Advisors Asset Management Inc. now owns 8,134 shares of the company’s stock valued at $411,000 after purchasing an additional 530 shares during the period. Axxcess Wealth Management LLC purchased a new stake in shares of Schwab U.S. TIPS ETF in the third quarter valued at $1,436,000. Finally, Alps Advisors Inc. grew its position in shares of Schwab U.S. TIPS ETF by 131.0% in the third quarter. Alps Advisors Inc. now owns 56,855 shares of the company’s stock valued at $2,871,000 after purchasing an additional 32,245 shares during the period.

Schwab U.S. TIPS ETF Stock Down 0.3 %

Shares of NYSEARCA:SCHP opened at $52.09 on Thursday. Schwab U.S. TIPS ETF has a 52 week low of $49.50 and a 52 week high of $52.72. The business has a fifty day simple moving average of $51.73 and a 200-day simple moving average of $51.83.

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.