Mutual Advisors LLC Decreases Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Mutual Advisors LLC cut its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,026 shares of the company’s stock after selling 1,168 shares during the quarter. Mutual Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,582,000 as of its most recent SEC filing.

Other institutional investors have also recently 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 approximately $483,000. Brookstone Capital Management boosted its stake in shares of Schwab U.S. TIPS ETF by 161.2% in the fourth quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock valued at $446,000 after buying an additional 10,651 shares in the last quarter. Full Sail Capital LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 6.3% in the second 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 in the last quarter. Canandaigua National Bank & Trust Co. raised its holdings in Schwab U.S. TIPS ETF by 105.0% during the fourth quarter. Canandaigua National Bank & Trust Co. now owns 12,252 shares of the company’s stock worth $316,000 after purchasing an additional 6,276 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in Schwab U.S. TIPS ETF by 6.3% during the third quarter. Principal Financial Group Inc. now owns 173,650 shares of the company’s stock worth $9,313,000 after purchasing an additional 10,327 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.2 %

Shares of SCHP stock opened at $26.00 on Friday. The stock has a fifty day moving average price of $26.03 and a 200 day moving average price of $26.29. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96.

About Schwab U.S. TIPS ETF

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.