Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Sold by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. reduced its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 30.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,232 shares of the company’s stock after selling 1,889 shares during the period. Great Valley Advisor Group Inc.’s holdings in Schwab U.S. TIPS ETF were worth $221,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHP. Charles Schwab Investment Advisory Inc. grew its stake in Schwab U.S. TIPS ETF by 1.9% during the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 17,277,796 shares of the company’s stock worth $872,356,000 after buying an additional 314,855 shares during the last quarter. Quadratic Capital Management LLC increased its stake in Schwab U.S. TIPS ETF by 1.1% in the fourth quarter. Quadratic Capital Management LLC now owns 14,432,753 shares of the company’s stock valued at $753,390,000 after purchasing an additional 153,669 shares during the period. Cerity Partners LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 327.1% in the fourth quarter. Cerity Partners LLC now owns 13,385,973 shares of the company’s stock valued at $698,748,000 after buying an additional 10,251,581 shares during the last quarter. Empower Advisory Group LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 24.9% during the third quarter. Empower Advisory Group LLC now owns 12,524,783 shares of the company’s stock worth $632,376,000 after buying an additional 2,499,508 shares during the period. Finally, JPMorgan Chase & Co. grew its holdings in shares of Schwab U.S. TIPS ETF by 8.4% during the third quarter. JPMorgan Chase & Co. now owns 7,306,113 shares of the company’s stock worth $368,886,000 after buying an additional 566,822 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

SCHP opened at $51.56 on Tuesday. The business has a 50 day moving average price of $51.69 and a two-hundred day moving average price of $51.54. Schwab U.S. TIPS ETF has a 52 week low of $49.50 and a 52 week high of $53.59.

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.