Roble Belko & Company Inc Decreases Stake in Schwab U.S. TIPS ETF $SCHP

Roble Belko & Company Inc lowered its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 8.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 488,303 shares of the company’s stock after selling 44,448 shares during the quarter. Schwab U.S. TIPS ETF accounts for 1.4% of Roble Belko & Company Inc’s portfolio, making the stock its 17th biggest position. Roble Belko & Company Inc owned 0.08% of Schwab U.S. TIPS ETF worth $12,940,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lincoln National Corp increased its stake in shares of Schwab U.S. TIPS ETF by 180.0% in the first quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock worth $237,038,000 after buying an additional 5,726,082 shares during the period. Beacon Pointe Advisors LLC boosted its position in Schwab U.S. TIPS ETF by 839.0% during the 4th quarter. Beacon Pointe Advisors LLC now owns 3,546,615 shares of the company’s stock valued at $93,950,000 after buying an additional 3,168,924 shares during the period. Nepc LLC grew its holdings in Schwab U.S. TIPS ETF by 64.9% in the 4th quarter. Nepc LLC now owns 7,572,111 shares of the company’s stock worth $200,585,000 after acquiring an additional 2,980,022 shares during the last quarter. Valpey Financial Services LLC grew its holdings in Schwab U.S. TIPS ETF by 2,722.6% in the 4th quarter. Valpey Financial Services LLC now owns 1,970,938 shares of the company’s stock worth $52,210,000 after acquiring an additional 1,901,111 shares during the last quarter. Finally, Arax Advisory Partners bought a new stake in Schwab U.S. TIPS ETF in the 4th quarter worth $45,636,000.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock opened at $25.87 on Wednesday. The firm’s 50-day moving average price is $26.05 and its two-hundred day moving average price is $26.47. Schwab U.S. TIPS ETF has a 12-month low of $25.78 and a 12-month 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.