Wealthfront Advisers LLC Sells 288,194 Shares of Schwab U.S. TIPS ETF $SCHP

Wealthfront Advisers LLC lowered its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 0.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 34,244,939 shares of the company’s stock after selling 288,194 shares during the quarter. Schwab U.S. TIPS ETF comprises about 2.0% of Wealthfront Advisers LLC’s investment portfolio, making the stock its 12th biggest position. Wealthfront Advisers LLC owned approximately 0.06% of Schwab U.S. TIPS ETF worth $911,258,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. BlueSky Wealth Advisors LLC increased its holdings in Schwab U.S. TIPS ETF by 8.1% during the 4th quarter. BlueSky Wealth Advisors LLC now owns 1,499,610 shares of the company’s stock worth $39,725,000 after purchasing an additional 112,608 shares in the last quarter. Avior Wealth Management LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 8.8% in the fourth quarter. Avior Wealth Management LLC now owns 914,332 shares of the company’s stock valued at $24,221,000 after purchasing an additional 73,692 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Schwab U.S. TIPS ETF by 606.7% during the fourth quarter. Farther Finance Advisors LLC now owns 190,389 shares of the company’s stock worth $5,043,000 after buying an additional 163,447 shares during the period. Dorato Capital Management acquired a new position in shares of Schwab U.S. TIPS ETF during the fourth quarter worth about $6,700,000. Finally, Decker Retirement Planning Inc. boosted its position in shares of Schwab U.S. TIPS ETF by 17.3% during the first quarter. Decker Retirement Planning Inc. now owns 143,728 shares of the company’s stock worth $3,825,000 after buying an additional 21,239 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.0%

Shares of SCHP opened at $26.21 on Thursday. Schwab U.S. TIPS ETF has a twelve month low of $26.14 and a twelve month high of $27.19. The company has a 50 day moving average of $26.52 and a 200-day moving average of $26.64.

Schwab U.S. TIPS ETF Profile

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.