Wealthcare Advisory Partners LLC Purchases 675,990 Shares of Schwab U.S. TIPS ETF $SCHP

Wealthcare Advisory Partners LLC lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 47.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,090,010 shares of the company’s stock after buying an additional 675,990 shares during the quarter. Schwab U.S. TIPS ETF comprises about 1.1% of Wealthcare Advisory Partners LLC’s holdings, making the stock its 19th largest position. Wealthcare Advisory Partners LLC owned 0.33% of Schwab U.S. TIPS ETF worth $55,385,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Archer Investment Corp boosted its holdings in shares of Schwab U.S. TIPS ETF by 212.2% during the 1st quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after buying an additional 660 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at $29,000. Ameritas Investment Partners Inc. boosted its stake in Schwab U.S. TIPS ETF by 83.9% during the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after acquiring an additional 547 shares in the last quarter. CIBC Private Wealth Group LLC grew its holdings in Schwab U.S. TIPS ETF by 69.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock worth $35,000 after purchasing an additional 541 shares during the period. Finally, LGT Financial Advisors LLC acquired a new stake in Schwab U.S. TIPS ETF in the third quarter worth $49,000.

Schwab U.S. TIPS ETF Price Performance

SCHP stock opened at $25.91 on Tuesday. The company’s 50-day moving average is $26.29 and its 200-day moving average is $26.58. Schwab U.S. TIPS ETF has a 1 year low of $25.87 and a 1 year high of $27.19.

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.