Latitude Advisors LLC Has $446,000 Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Latitude Advisors LLC trimmed its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 15.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,553 shares of the company’s stock after selling 1,570 shares during the quarter. Latitude Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in SCHP. Asset Dedication LLC lifted its stake in Schwab U.S. TIPS ETF by 425.8% in 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 increased its stake in shares of Schwab U.S. TIPS ETF by 860.8% in 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 in the last quarter. Oliver Lagore Vanvalin Investment Group lifted its position in shares of 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 valued at $29,000 after acquiring an additional 549 shares during the period. Sunbelt Securities Inc. boosted its stake 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 worth $29,000 after acquiring an additional 300 shares in the last quarter. Finally, NBC Securities Inc. acquired a new stake in Schwab U.S. TIPS ETF in the third quarter worth $31,000.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock traded up $0.03 during midday trading on Wednesday, reaching $51.19. The stock had a trading volume of 221,173 shares, compared to its average volume of 1,246,232. Schwab U.S. TIPS ETF has a 12 month low of $49.50 and a 12 month high of $53.92. The company has a fifty day moving average price of $51.76 and a two-hundred day moving average price of $51.41.

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.