IFG Advisory LLC Trims Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

IFG Advisory LLC trimmed its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 64.8% during the 4th quarter, HoldingsChannel reports. The firm owned 30,285 shares of the company’s stock after selling 55,776 shares during the period. IFG Advisory LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,581,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in SCHP. Asset Dedication LLC grew its position in Schwab U.S. TIPS ETF by 425.8% during the third quarter. Asset Dedication LLC now owns 510 shares of the company’s stock valued at $25,000 after buying an additional 413 shares during the period. Money Concepts Capital Corp grew its position in shares of 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 valued at $25,000 after acquiring an additional 439 shares during the period. Oliver Lagore Vanvalin Investment Group increased its stake in shares of Schwab U.S. TIPS ETF by 3,229.4% in the 3rd quarter. Oliver Lagore Vanvalin Investment Group now owns 566 shares of the company’s stock worth $29,000 after purchasing an additional 549 shares in the last quarter. Sunbelt Securities Inc. lifted its position in Schwab U.S. TIPS ETF by 114.5% during the second quarter. Sunbelt Securities Inc. now owns 562 shares of the company’s stock valued at $29,000 after purchasing an additional 300 shares in the last quarter. Finally, NBC Securities Inc. bought a new stake in Schwab U.S. TIPS ETF during the third quarter valued at about $31,000.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP opened at $52.16 on Thursday. The business has a 50-day simple moving average of $51.84 and a two-hundred day simple moving average of $51.33. Schwab U.S. TIPS ETF has a 52 week low of $49.50 and a 52 week high of $54.10.

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.