58,805 Schwab U.S. TIPS ETF $SCHP Shares Sold by Seed Wealth Management Inc.

Seed Wealth Management Inc. reduced its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 36.9% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 100,760 shares of the company’s stock after selling 58,805 shares during the quarter. Schwab U.S. TIPS ETF accounts for approximately 1.6% of Seed Wealth Management Inc.’s portfolio, making the stock its 14th largest holding. Seed Wealth Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $2,532,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Revisor Wealth Management LLC lifted its position in shares of Schwab U.S. TIPS ETF by 2.6% during the 3rd quarter. Revisor Wealth Management LLC now owns 99,964 shares of the company’s stock valued at $2,541,000 after acquiring an additional 2,486 shares during the period. Prime Capital Investment Advisors LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 1.3% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 2,354,235 shares of the company’s stock worth $59,162,000 after acquiring an additional 30,894 shares during the period. Prentice Wealth Management LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 4.8% in the 3rd quarter. Prentice Wealth Management LLC now owns 1,122,609 shares of the company’s stock worth $28,211,000 after acquiring an additional 50,975 shares during the period. Stewardship Advisors LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 7.2% in the 3rd quarter. Stewardship Advisors LLC now owns 22,432 shares of the company’s stock worth $564,000 after acquiring an additional 1,511 shares during the period. Finally, Islay Capital Management LLC increased its stake in Schwab U.S. TIPS ETF by 178.6% in the 3rd quarter. Islay Capital Management LLC now owns 78,000 shares of the company’s stock valued at $1,960,000 after purchasing an additional 50,000 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.2%

NYSEARCA SCHP opened at $25.44 on Wednesday. The business has a 50 day moving average price of $25.58 and a 200 day moving average price of $26.17. Schwab U.S. TIPS ETF has a 1-year low of $25.01 and a 1-year high of $27.15.

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.