Perigon Wealth Management LLC Trims Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Perigon Wealth Management LLC decreased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.3% during the first quarter, according to its most recent filing with the SEC. The firm owned 84,765 shares of the company’s stock after selling 5,741 shares during the period. Perigon Wealth Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,279,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SCHP. Community Bank N.A. grew its holdings in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock worth $27,000 after acquiring an additional 526 shares during the period. Coppell Advisory Solutions LLC grew its holdings 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 acquiring an additional 747 shares during the period. Blue Bell Private Wealth Management LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock worth $29,000 after acquiring an additional 564 shares during the period. Lindbrook Capital LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 24,260.0% during the 4th quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock worth $31,000 after acquiring an additional 1,213 shares during the period. Finally, NBC Securities Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 115,900.0% during the 1st quarter. NBC Securities Inc. now owns 1,160 shares of the company’s stock worth $31,000 after acquiring an additional 1,159 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.59 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $25.68 and a twelve month high of $27.06. The stock’s 50 day moving average is $26.44 and its 200 day moving average is $26.32.

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.