Wealthcare Capital Partners LLC Lowers Position in Schwab U.S. TIPS ETF $SCHP

Wealthcare Capital Partners LLC trimmed its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 232,503 shares of the company’s stock after selling 2,904 shares during the quarter. Schwab U.S. TIPS ETF comprises about 3.1% of Wealthcare Capital Partners LLC’s investment portfolio, making the stock its 5th largest holding. Wealthcare Capital Partners LLC’s holdings in Schwab U.S. TIPS ETF were worth $6,203,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Empower Advisory Group LLC increased its position in Schwab U.S. TIPS ETF by 6.2% during the first quarter. Empower Advisory Group LLC now owns 40,669,805 shares of the company’s stock worth $1,093,611,000 after acquiring an additional 2,368,720 shares during the period. Wealthfront Advisers LLC increased its position in Schwab U.S. TIPS ETF by 26.9% during the first quarter. Wealthfront Advisers LLC now owns 28,220,930 shares of the company’s stock worth $758,861,000 after acquiring an additional 5,986,682 shares during the period. JPMorgan Chase & Co. grew its stake in Schwab U.S. TIPS ETF by 1,240.8% during the first quarter. JPMorgan Chase & Co. now owns 17,556,656 shares of the company’s stock worth $472,102,000 after buying an additional 16,247,258 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its stake in Schwab U.S. TIPS ETF by 5.4% during the first quarter. Municipal Employees Retirement System of Michigan now owns 16,401,227 shares of the company’s stock worth $441,029,000 after buying an additional 835,548 shares in the last quarter. Finally, Jasper Ridge Partners L.P. grew its stake in Schwab U.S. TIPS ETF by 3.8% during the first quarter. Jasper Ridge Partners L.P. now owns 7,808,873 shares of the company’s stock worth $209,981,000 after buying an additional 289,378 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.1%

Shares of Schwab U.S. TIPS ETF stock opened at $26.87 on Friday. Schwab U.S. TIPS ETF has a 12-month low of $25.68 and a 12-month high of $27.19. The firm’s 50-day moving average price is $26.85 and its two-hundred day moving average price is $26.62.

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.