Voya Investment Management LLC Sells 475,751 Shares of Schwab U.S. TIPS ETF $SCHP

Voya Investment Management LLC cut its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.5% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 10,041,214 shares of the company’s stock after selling 475,751 shares during the quarter. Voya Investment Management LLC owned 1.86% of Schwab U.S. TIPS ETF worth $270,611,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Dynamic Advisor Solutions LLC grew its stake in shares of Schwab U.S. TIPS ETF by 18.9% in the 3rd quarter. Dynamic Advisor Solutions LLC now owns 66,533 shares of the company’s stock worth $1,793,000 after buying an additional 10,589 shares in the last quarter. Websterrogers Financial Advisors LLC raised its position in shares of Schwab U.S. TIPS ETF by 3.4% during the 3rd quarter. Websterrogers Financial Advisors LLC now owns 43,733 shares of the company’s stock valued at $1,179,000 after buying an additional 1,450 shares in the last quarter. ZynergyRetirementPlanningLLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 1.4% in the 3rd quarter. ZynergyRetirementPlanningLLC now owns 429,411 shares of the company’s stock valued at $11,573,000 after acquiring an additional 5,891 shares during the last quarter. Armstrong Advisory Group Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 6,626.5% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 621,258 shares of the company’s stock valued at $16,743,000 after acquiring an additional 612,022 shares during the last quarter. Finally, Asset Allocation Strategies LLC grew its position in Schwab U.S. TIPS ETF by 7.9% in the third quarter. Asset Allocation Strategies LLC now owns 30,066 shares of the company’s stock worth $810,000 after acquiring an additional 2,208 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Schwab U.S. TIPS ETF stock opened at $26.71 on Friday. The firm has a 50-day moving average of $26.87 and a two-hundred day moving average of $26.75. Schwab U.S. TIPS ETF has a 1 year low of $25.68 and a 1 year high of $27.19.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised Schwab U.S. TIPS ETF to a “hold” rating in a research note on Friday, December 5th.

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.