Signet Investment Advisory Group Inc. Sells 7,925 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Signet Investment Advisory Group Inc. decreased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.8% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 158,703 shares of the company’s stock after selling 7,925 shares during the quarter. Schwab U.S. TIPS ETF makes up approximately 4.4% of Signet Investment Advisory Group Inc.’s investment portfolio, making the stock its 4th biggest position. Signet Investment Advisory Group Inc.’s holdings in Schwab U.S. TIPS ETF were worth $8,254,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. International Assets Investment Management LLC bought a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at $2,373,000. Allspring Global Investments Holdings LLC increased its position in shares of Schwab U.S. TIPS ETF by 17.8% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 67,486 shares of the company’s stock valued at $3,523,000 after buying an additional 10,206 shares in the last quarter. Resonant Capital Advisors LLC boosted its stake in Schwab U.S. TIPS ETF by 4.3% in the 4th quarter. Resonant Capital Advisors LLC now owns 145,626 shares of the company’s stock worth $7,602,000 after purchasing an additional 6,026 shares during the period. J.W. Cole Advisors Inc. boosted its stake in Schwab U.S. TIPS ETF by 20.4% in the 4th quarter. J.W. Cole Advisors Inc. now owns 58,544 shares of the company’s stock worth $3,056,000 after purchasing an additional 9,900 shares during the period. Finally, Annapolis Financial Services LLC boosted its stake in Schwab U.S. TIPS ETF by 64.2% in the 4th quarter. Annapolis Financial Services LLC now owns 205,756 shares of the company’s stock worth $10,740,000 after purchasing an additional 80,465 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP remained flat at $52.70 on Friday. 699,951 shares of the company were exchanged, compared to its average volume of 1,233,572. The stock’s fifty day moving average price is $52.27 and its two-hundred day moving average price is $51.91. Schwab U.S. TIPS ETF has a 12-month low of $49.50 and a 12-month high of $53.05.

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.