Yoder Wealth Management Inc. Has $480,000 Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Yoder Wealth Management Inc. reduced its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 15.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 9,200 shares of the company’s stock after selling 1,700 shares during the period. Yoder Wealth Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $480,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of SCHP. Asset Dedication LLC boosted its stake in Schwab U.S. TIPS ETF by 425.8% in the third quarter. Asset Dedication LLC now owns 510 shares of the company’s stock valued at $25,000 after buying an additional 413 shares in the last quarter. Oliver Lagore Vanvalin Investment Group boosted its stake in shares of Schwab U.S. TIPS ETF by 3,229.4% during the third quarter. Oliver Lagore Vanvalin Investment Group now owns 566 shares of the company’s stock valued at $29,000 after purchasing an additional 549 shares in the last quarter. NBC Securities Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF during the third quarter valued at about $31,000. Clearstead Advisors LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 432.9% during the third quarter. Clearstead Advisors LLC now owns 1,231 shares of the company’s stock valued at $62,000 after purchasing an additional 1,000 shares in the last quarter. Finally, Private Ocean LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 94.1% during the third quarter. Private Ocean LLC now owns 1,421 shares of the company’s stock valued at $72,000 after purchasing an additional 689 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock traded up $0.12 during mid-day trading on Friday, reaching $51.33. 1,513,180 shares of the stock traded hands, compared to its average volume of 1,242,660. The stock’s fifty day simple moving average is $51.71 and its two-hundred day simple moving average is $51.47. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $53.83.

Schwab U.S. TIPS ETF Company 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.