Schwab U.S. TIPS ETF $SCHP Shares Sold by Archvest Wealth Advisors Inc.

Archvest Wealth Advisors Inc. lowered its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 97.7% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,320 shares of the company’s stock after selling 55,941 shares during the quarter. Archvest Wealth Advisors Inc.’s holdings in Schwab U.S. TIPS ETF were worth $35,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Private Wealth Asset Management LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 306.1% during the fourth quarter. Private Wealth Asset Management LLC now owns 2,709 shares of the company’s stock valued at $72,000 after purchasing an additional 2,042 shares during the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 13.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 1,278,914 shares of the company’s stock valued at $33,878,000 after purchasing an additional 154,808 shares during the last quarter. Kesler Norman & Wride LLC bought a new position in shares of Schwab U.S. TIPS ETF during the fourth quarter valued at approximately $232,000. FDx Advisors Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 2.8% during the fourth quarter. FDx Advisors Inc. now owns 519,684 shares of the company’s stock valued at $13,766,000 after purchasing an additional 14,276 shares during the last quarter. Finally, Resolute Capital LLC bought a new position in shares of Schwab U.S. TIPS ETF during the fourth quarter valued at approximately $607,000.

Schwab U.S. TIPS ETF Stock Down 0.2%

NYSEARCA:SCHP opened at $26.59 on Thursday. The stock has a 50 day moving average of $26.72 and a 200-day moving average of $26.71. Schwab U.S. TIPS ETF has a 52 week low of $26.20 and a 52 week high of $27.19.

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.