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

Evoke Wealth LLC cut its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 99.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,997 shares of the company’s stock after selling 2,645,560 shares during the period. Evoke Wealth LLC’s holdings in Schwab U.S. TIPS ETF were worth $416,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. BlueSky Wealth Advisors LLC grew its position in shares of Schwab U.S. TIPS ETF by 2.2% in the 4th quarter. BlueSky Wealth Advisors LLC now owns 601,327 shares of the company’s stock worth $31,389,000 after acquiring an additional 12,684 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management raised its holdings in shares of Schwab U.S. TIPS ETF by 6.5% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 15,357 shares of the company’s stock worth $801,000 after purchasing an additional 935 shares during the period. Janney Montgomery Scott LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 5.3% during the fourth quarter. Janney Montgomery Scott LLC now owns 25,868 shares of the company’s stock worth $1,350,000 after purchasing an additional 1,303 shares during the period. C M Bidwell & Associates Ltd. lifted its position in shares of Schwab U.S. TIPS ETF by 7.6% in the 4th quarter. C M Bidwell & Associates Ltd. now owns 65,340 shares of the company’s stock worth $3,411,000 after buying an additional 4,643 shares during the last quarter. Finally, RE Dickinson Investment Advisors LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 0.7% in the 4th quarter. RE Dickinson Investment Advisors LLC now owns 186,101 shares of the company’s stock valued at $9,714,000 after buying an additional 1,377 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.6 %

Shares of NYSEARCA:SCHP opened at $53.65 on Friday. Schwab U.S. TIPS ETF has a fifty-two week low of $49.50 and a fifty-two week high of $53.90. The firm has a 50-day simple moving average of $52.86 and a 200 day simple moving average of $52.17.

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.