Advisory Services Network LLC cut its holdings in shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 20.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 11,993 shares of the company’s stock after selling 3,012 shares during the period. Advisory Services Network LLC’s holdings in Schwab U.S. TIPs ETF were worth $660,000 at the end of the most recent reporting period.
Several other large investors have also bought and sold shares of the company. Prime Capital Investment Advisors LLC bought a new position in shares of Schwab U.S. TIPs ETF during the 4th quarter valued at approximately $35,000. MCF Advisors LLC lifted its stake in Schwab U.S. TIPs ETF by 44.4% in the 1st quarter. MCF Advisors LLC now owns 628 shares of the company’s stock worth $35,000 after purchasing an additional 193 shares in the last quarter. Meridian Wealth Management LLC purchased a new stake in Schwab U.S. TIPs ETF in the 1st quarter worth approximately $36,000. Cable Hill Partners LLC purchased a new stake in Schwab U.S. TIPs ETF in the 1st quarter worth approximately $40,000. Finally, Lenox Wealth Management Inc. lifted its stake in Schwab U.S. TIPs ETF by 83.1% in the 1st quarter. Lenox Wealth Management Inc. now owns 782 shares of the company’s stock worth $43,000 after purchasing an additional 355 shares in the last quarter.
NYSEARCA SCHP traded up $0.06 on Friday, hitting $56.06. The stock had a trading volume of 493,387 shares, compared to its average volume of 565,015. The business has a 50-day moving average of $55.95. Schwab U.S. TIPs ETF has a 52-week low of $52.75 and a 52-week high of $56.56.
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