Revisor Wealth Management LLC decreased its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 16.1% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 101,024 shares of the company’s stock after selling 19,452 shares during the quarter. Schwab U.S. TIPS ETF accounts for approximately 0.7% of Revisor Wealth Management LLC’s holdings, making the stock its 25th biggest holding. Revisor Wealth Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,688,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in SCHP. Lloyd Advisory Services LLC. acquired a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at about $29,000. Olistico Wealth LLC acquired a new position in Schwab U.S. TIPS ETF in the fourth quarter worth about $30,000. Ameritas Investment Partners Inc. raised its position in Schwab U.S. TIPS ETF by 83.9% in 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 in the last quarter. CIBC Private Wealth Group LLC raised its position in Schwab U.S. TIPS ETF by 69.8% in 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 in the last quarter. Finally, LGT Financial Advisors LLC bought a new position in Schwab U.S. TIPS ETF during the third quarter worth about $49,000.
Schwab U.S. TIPS ETF Price Performance
NYSEARCA SCHP opened at $26.29 on Friday. The stock’s 50 day moving average is $26.63 and its two-hundred day moving average is $26.66. Schwab U.S. TIPS ETF has a 1-year low of $26.23 and a 1-year high of $27.19.
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.
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