Wealthspire Advisors LLC Sells 439,633 Shares of Schwab U.S. TIPS ETF $SCHP

Wealthspire Advisors LLC reduced its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 48.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 466,159 shares of the company’s stock after selling 439,633 shares during the quarter. Wealthspire Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $12,349,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of SCHP. Founders Financial Alliance LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 392.8% during the third quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock worth $26,000 after purchasing an additional 766 shares during the period. Lloyd Advisory Services LLC. bought a new position in shares of Schwab U.S. TIPS ETF during the fourth quarter worth approximately $29,000. Olistico Wealth LLC bought a new position in shares of Schwab U.S. TIPS ETF during the fourth quarter worth approximately $30,000. Ameritas Investment Partners Inc. increased its holdings in shares of Schwab U.S. TIPS ETF by 83.9% during the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after purchasing an additional 547 shares during the period. Finally, CIBC Private Wealth Group LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 69.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock worth $35,000 after purchasing an additional 541 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.0%

Shares of SCHP opened at $26.54 on Friday. Schwab U.S. TIPS ETF has a 12 month low of $26.27 and a 12 month high of $27.19. The firm’s 50 day moving average is $26.72 and its 200-day moving average is $26.69.

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.