American Financial Advisors LLC Has $2.62 Million Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

American Financial Advisors LLC decreased its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 18.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 50,250 shares of the company’s stock after selling 11,580 shares during the period. American Financial Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,623,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Asset Dedication LLC grew its position in Schwab U.S. TIPS ETF by 425.8% during the 3rd quarter. Asset Dedication LLC now owns 510 shares of the company’s stock worth $25,000 after acquiring an additional 413 shares during the last quarter. Money Concepts Capital Corp grew its position in Schwab U.S. TIPS ETF by 860.8% during the 4th quarter. Money Concepts Capital Corp now owns 490 shares of the company’s stock worth $25,000 after acquiring an additional 439 shares during the last quarter. Oliver Lagore Vanvalin Investment Group grew its position in Schwab U.S. TIPS ETF by 3,229.4% during the 3rd quarter. Oliver Lagore Vanvalin Investment Group now owns 566 shares of the company’s stock worth $29,000 after acquiring an additional 549 shares during the last quarter. Sunbelt Securities Inc. grew its position in Schwab U.S. TIPS ETF by 114.5% during the 2nd quarter. Sunbelt Securities Inc. now owns 562 shares of the company’s stock worth $29,000 after acquiring an additional 300 shares during the last quarter. Finally, NBC Securities Inc. bought a new stake in Schwab U.S. TIPS ETF during the 3rd quarter worth $31,000.

Schwab U.S. TIPS ETF Trading Up 0.2 %

Shares of NYSEARCA SCHP traded up $0.08 during trading on Friday, reaching $51.32. The company had a trading volume of 917,143 shares, compared to its average volume of 1,248,149. The company’s fifty day moving average price is $51.74 and its 200-day moving average price is $51.41. Schwab U.S. TIPS ETF has a 12 month low of $49.50 and a 12 month high of $53.92.

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.