Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Sold by Wooster Corthell Wealth Management Inc.

Wooster Corthell Wealth Management Inc. lowered its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 3.1% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 785,475 shares of the company’s stock after selling 24,776 shares during the period. Schwab U.S. TIPS ETF makes up approximately 4.3% of Wooster Corthell Wealth Management Inc.’s holdings, making the stock its 7th biggest position. Wooster Corthell Wealth Management Inc. owned about 0.16% of Schwab U.S. TIPS ETF worth $21,121,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Coppell Advisory Solutions LLC lifted its position in shares of Schwab U.S. TIPS ETF by 246.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,050 shares of the company’s stock worth $27,000 after purchasing an additional 747 shares during the last quarter. NBC Securities Inc. increased its stake in Schwab U.S. TIPS ETF by 115,900.0% during the first quarter. NBC Securities Inc. now owns 1,160 shares of the company’s stock valued at $31,000 after acquiring an additional 1,159 shares during the period. Abound Wealth Management bought a new position in Schwab U.S. TIPS ETF during the first quarter valued at about $36,000. Center for Financial Planning Inc. bought a new position in Schwab U.S. TIPS ETF during the first quarter valued at about $38,000. Finally, Colonial Trust Co SC increased its stake in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Colonial Trust Co SC now owns 1,600 shares of the company’s stock valued at $41,000 after acquiring an additional 800 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP opened at $26.73 on Wednesday. Schwab U.S. TIPS ETF has a 12-month low of $25.68 and a 12-month high of $27.06. The stock’s 50-day moving average price is $26.47 and its 200 day moving average price is $26.43.

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.