Wealth Enhancement Advisory Services LLC Has $53.13 Million Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Wealth Enhancement Advisory Services LLC cut its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 21.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,021,520 shares of the company’s stock after selling 278,928 shares during the quarter. Wealth Enhancement Advisory Services LLC owned about 0.48% of Schwab U.S. TIPS ETF worth $53,129,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of SCHP. Transcendent Capital Group LLC acquired a new position in Schwab U.S. TIPS ETF in the fourth quarter valued at approximately $26,000. Mather Group LLC. acquired a new stake in Schwab U.S. TIPS ETF in the first quarter worth $27,000. Pathway Financial Advisers LLC bought a new stake in Schwab U.S. TIPS ETF in the first quarter valued at $33,000. Crewe Advisors LLC increased its stake in Schwab U.S. TIPS ETF by 295.7% in the fourth quarter. Crewe Advisors LLC now owns 930 shares of the company’s stock valued at $49,000 after purchasing an additional 695 shares in the last quarter. Finally, Versant Capital Management Inc acquired a new position in shares of Schwab U.S. TIPS ETF during the first quarter valued at about $53,000.

Schwab U.S. TIPS ETF Trading Up 0.1 %

Schwab U.S. TIPS ETF stock traded up $0.07 during mid-day trading on Wednesday, reaching $52.92. The stock had a trading volume of 104,648 shares, compared to its average volume of 1,239,745. Schwab U.S. TIPS ETF has a fifty-two week low of $49.50 and a fifty-two week high of $53.05. The stock’s 50-day simple moving average is $52.22 and its 200-day simple moving average is $51.89.

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.