Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Sold by Peak Financial Management Inc.

Peak Financial Management Inc. cut its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 5.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 231,010 shares of the company’s stock after selling 14,312 shares during the quarter. Schwab U.S. TIPS ETF comprises 4.1% of Peak Financial Management Inc.’s portfolio, making the stock its 5th biggest position. Peak Financial Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $12,059,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Moneta Group Investment Advisors LLC grew its stake in shares of Schwab U.S. TIPS ETF by 83,208.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 7,912,667 shares of the company’s stock valued at $409,797,000 after buying an additional 7,903,169 shares in the last quarter. Empower Advisory Group LLC boosted its holdings in Schwab U.S. TIPS ETF by 24.9% in the third quarter. Empower Advisory Group LLC now owns 12,524,783 shares of the company’s stock valued at $632,376,000 after purchasing an additional 2,499,508 shares during the last quarter. Quadratic Capital Management LLC boosted its holdings in Schwab U.S. TIPS ETF by 19.0% in the third quarter. Quadratic Capital Management LLC now owns 14,279,084 shares of the company’s stock valued at $720,951,000 after purchasing an additional 2,281,058 shares during the last quarter. 1832 Asset Management L.P. purchased a new position in Schwab U.S. TIPS ETF in the first quarter valued at about $61,128,000. Finally, Temasek Holdings Private Ltd purchased a new position in Schwab U.S. TIPS ETF in the second quarter valued at about $36,963,000.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $52.16 on Friday. Schwab U.S. TIPS ETF has a one year low of $49.50 and a one year high of $54.10. The stock has a 50-day moving average price of $51.84 and a 200 day moving average price of $51.34.

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.