Schwab U.S. TIPS ETF $SCHP Shares Sold by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC lessened its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 27.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 109,761 shares of the company’s stock after selling 40,637 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,908,000 as of its most recent filing with the SEC.

Other institutional investors have also modified their holdings of the company. Founders Financial Alliance LLC raised its stake in shares of Schwab U.S. TIPS ETF by 392.8% in the 3rd quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock valued at $26,000 after purchasing an additional 766 shares in the last quarter. Financial Consulate Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at about $29,000. Olistico Wealth LLC acquired a new stake in shares of Schwab U.S. TIPS ETF in the 4th quarter valued at about $30,000. Ameritas Investment Partners Inc. raised its stake in shares of Schwab U.S. TIPS ETF by 83.9% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after purchasing an additional 547 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its stake in shares of Schwab U.S. TIPS ETF by 35.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock valued at $40,000 after purchasing an additional 383 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of Schwab U.S. TIPS ETF stock opened at $26.91 on Friday. The firm’s 50-day simple moving average is $26.76 and its 200-day simple moving average is $26.75. Schwab U.S. TIPS ETF has a 1 year low of $26.20 and a 1 year high of $27.19.

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.