Ellenbecker Investment Group Decreases Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Ellenbecker Investment Group decreased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 28.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,358 shares of the company’s stock after selling 15,802 shares during the quarter. Ellenbecker Investment Group’s holdings in Schwab U.S. TIPS ETF were worth $1,042,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab U.S. TIPS ETF in the third quarter valued at about $483,000. TPG Advisors LLC acquired a new position in Schwab U.S. TIPS ETF in the 2nd quarter valued at about $277,000. Full Sail Capital LLC grew its stake in shares of Schwab U.S. TIPS ETF by 6.3% in the 2nd quarter. Full Sail Capital LLC now owns 660,753 shares of the company’s stock valued at $34,366,000 after buying an additional 38,984 shares during the period. Brighton Jones LLC grew its stake in shares of Schwab U.S. TIPS ETF by 16.4% in the 2nd quarter. Brighton Jones LLC now owns 8,954 shares of the company’s stock valued at $466,000 after buying an additional 1,264 shares during the period. Finally, Marshall Financial Group Inc. ADV increased its holdings in shares of Schwab U.S. TIPS ETF by 0.7% during the 2nd quarter. Marshall Financial Group Inc. ADV now owns 399,730 shares of the company’s stock worth $20,790,000 after buying an additional 2,809 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.1 %

SCHP opened at $25.72 on Tuesday. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96. The business’s 50 day moving average price is $26.08 and its 200 day moving average price is $26.30.

Schwab U.S. TIPS ETF Company 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.