Creative Planning Sells 26,663 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Creative Planning lessened its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.0% during the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 419,697 shares of the company’s stock after selling 26,663 shares during the quarter. Creative Planning owned approximately 0.20% of Schwab U.S. TIPS ETF worth $21,828,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHP. Transcendent Capital Group LLC bought a new stake in shares of Schwab U.S. TIPS ETF during the fourth quarter worth $26,000. Mather Group LLC. bought a new stake in shares of Schwab U.S. TIPS ETF during the first quarter worth $27,000. Pathway Financial Advisers LLC bought a new stake in shares of Schwab U.S. TIPS ETF during the first quarter worth $33,000. LGT Financial Advisors LLC grew its stake in shares of Schwab U.S. TIPS ETF by 81.8% during the second quarter. LGT Financial Advisors LLC now owns 680 shares of the company’s stock worth $35,000 after buying an additional 306 shares during the last quarter. Finally, Family Asset Management LLC bought a new stake in shares of Schwab U.S. TIPS ETF in the second quarter worth $36,000.

Schwab U.S. TIPS ETF Price Performance

Shares of Schwab U.S. TIPS ETF stock opened at $53.63 on Tuesday. Schwab U.S. TIPS ETF has a twelve month low of $49.50 and a twelve month high of $53.90. The company’s fifty day moving average is $52.99 and its 200 day moving average is $52.22.

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.