Bank of America Corp DE Sells 81,737 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Bank of America Corp DE cut its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHPGet Rating) by 3.5% in the first quarter, Holdings Channel reports. The fund owned 2,223,965 shares of the company’s stock after selling 81,737 shares during the period. Bank of America Corp DE’s holdings in Schwab U.S. TIPS ETF were worth $135,017,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Lansing Street Advisors bought a new position in shares of Schwab U.S. TIPS ETF during the first quarter valued at $34,000. Carolinas Wealth Consulting LLC bought a new position in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at about $35,000. Independence Bank of Kentucky bought a new position in shares of Schwab U.S. TIPS ETF in the first quarter valued at about $36,000. PrairieView Partners LLC bought a new position in shares of Schwab U.S. TIPS ETF in the first quarter valued at about $41,000. Finally, San Luis Wealth Advisors LLC bought a new position in shares of Schwab U.S. TIPS ETF in the first quarter valued at about $46,000.

Schwab U.S. TIPS ETF Stock Down 1.2 %

Schwab U.S. TIPS ETF stock opened at $53.33 on Friday. The stock has a 50-day simple moving average of $55.94 and a 200 day simple moving average of $57.62. Schwab U.S. TIPS ETF has a 12-month low of $53.26 and a 12-month high of $64.15.

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

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