Sagace Wealth Management LLC Has $813,000 Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Sagace Wealth Management LLC decreased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 63.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 31,492 shares of the company’s stock after selling 54,888 shares during the period. Sagace Wealth Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $813,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Salem Investment Counselors Inc. increased its stake in shares of Schwab U.S. TIPS ETF by 91.8% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after purchasing an additional 506 shares during the last quarter. First Community Trust NA boosted its stake in Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after buying an additional 700 shares in the last quarter. Capital Performance Advisors LLP bought a new position in Schwab U.S. TIPS ETF in the third quarter valued at about $63,000. Pacifica Partners Inc. raised its stake in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Pacifica Partners Inc. now owns 3,076 shares of the company’s stock worth $79,000 after acquiring an additional 1,538 shares in the last quarter. Finally, Fairscale Capital LLC bought a new position in shares of Schwab U.S. TIPS ETF in the second quarter worth about $105,000.

Schwab U.S. TIPS ETF Stock Up 0.7 %

Shares of Schwab U.S. TIPS ETF stock opened at $25.90 on Thursday. The firm’s 50 day moving average is $26.06 and its 200 day moving average is $26.30. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96.

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.