Lederer & Associates Investment Counsel CA Has $1.58 Million Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Lederer & Associates Investment Counsel CA decreased its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 6.1% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 30,348 shares of the company’s stock after selling 1,965 shares during the quarter. Schwab U.S. TIPS ETF accounts for about 1.1% of Lederer & Associates Investment Counsel CA’s investment portfolio, making the stock its 28th largest holding. Lederer & Associates Investment Counsel CA’s holdings in Schwab U.S. TIPS ETF were worth $1,578,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of SCHP. Transcendent Capital Group LLC purchased a new stake in Schwab U.S. TIPS ETF in the 4th quarter worth about $26,000. Mather Group LLC. purchased a new stake in Schwab U.S. TIPS ETF in the 1st quarter worth about $27,000. Pathway Financial Advisers LLC purchased a new stake in Schwab U.S. TIPS ETF in the 1st quarter worth about $33,000. Family Asset Management LLC purchased a new stake in Schwab U.S. TIPS ETF in the 2nd quarter worth about $36,000. Finally, Triad Wealth Partners LLC purchased a new stake in Schwab U.S. TIPS ETF in the 2nd quarter worth about $44,000.

Schwab U.S. TIPS ETF Price Performance

Shares of Schwab U.S. TIPS ETF stock opened at $52.96 on Wednesday. Schwab U.S. TIPS ETF has a 1 year low of $49.50 and a 1 year high of $53.28. The stock has a 50-day moving average price of $52.50 and a 200 day moving average price of $52.01.

Schwab U.S. TIPS ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

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