Commonwealth Equity Services LLC Sells 19,082 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Commonwealth Equity Services LLC lessened its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 27.2% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 50,993 shares of the company’s stock after selling 19,082 shares during the period. Commonwealth Equity Services LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,652,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Transcendent Capital Group LLC bought a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter worth approximately $26,000. Mather Group LLC. bought a new stake in Schwab U.S. TIPS ETF during the 1st quarter worth approximately $27,000. Pathway Financial Advisers LLC bought a new stake in Schwab U.S. TIPS ETF during the 1st quarter worth approximately $33,000. Triad Wealth Partners LLC bought a new stake in Schwab U.S. TIPS ETF during the 2nd quarter worth approximately $44,000. Finally, Crewe Advisors LLC raised its stake in Schwab U.S. TIPS ETF by 295.7% during the 4th quarter. Crewe Advisors LLC now owns 930 shares of the company’s stock worth $49,000 after acquiring an additional 695 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP opened at $53.41 on Thursday. Schwab U.S. TIPS ETF has a 12 month low of $49.50 and a 12 month high of $53.54. The company’s 50 day moving average is $52.66 and its two-hundred day moving average is $52.08.

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.