Valtinson Bruner Financial Planning LLC Lowers Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Valtinson Bruner Financial Planning LLC cut its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.3% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,046 shares of the company’s stock after selling 270 shares during the quarter. Valtinson Bruner Financial Planning LLC’s holdings in Schwab U.S. TIPS ETF were worth $210,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of SCHP. LGT Financial Advisors LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 81.8% in the second quarter. LGT Financial Advisors LLC now owns 680 shares of the company’s stock valued at $35,000 after purchasing an additional 306 shares in the last quarter. Foster & Motley Inc. boosted its position in Schwab U.S. TIPS ETF by 4.7% in the 2nd quarter. Foster & Motley Inc. now owns 351,010 shares of the company’s stock valued at $18,256,000 after buying an additional 15,782 shares during the period. FDx Advisors Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 241.3% in the second quarter. FDx Advisors Inc. now owns 312,762 shares of the company’s stock worth $16,267,000 after acquiring an additional 221,116 shares in the last quarter. Sage Financial Group Inc. increased its position in shares of Schwab U.S. TIPS ETF by 2.5% during the second quarter. Sage Financial Group Inc. now owns 255,609 shares of the company’s stock worth $13,294,000 after acquiring an additional 6,353 shares during the period. Finally, Larson Financial Group LLC increased its position in shares of Schwab U.S. TIPS ETF by 78.1% during the second quarter. Larson Financial Group LLC now owns 5,689 shares of the company’s stock worth $296,000 after acquiring an additional 2,495 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.1 %

NYSEARCA:SCHP opened at $53.13 on Friday. Schwab U.S. TIPS ETF has a 12-month low of $49.50 and a 12-month high of $53.38. The stock has a fifty day moving average price of $52.56 and a 200 day moving average price of $52.04.

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.