Schwab U.S. TIPS ETF $SCHP Stock: Lodestar Private Asset Management LLC Cuts Position

Lodestar Private Asset Management LLC lessened its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 15.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 109,029 shares of the company’s stock after selling 20,475 shares during the quarter. Lodestar Private Asset Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,740,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Cassady Wealth & Retirement Planning LLC grew its position in Schwab U.S. TIPS ETF by 2.2% in the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 18,461 shares of the company’s stock valued at $496,000 after acquiring an additional 398 shares in the last quarter. Surience Private Wealth LLC increased its stake in Schwab U.S. TIPS ETF by 2.9% during the third quarter. Surience Private Wealth LLC now owns 14,680 shares of the company’s stock worth $369,000 after purchasing an additional 419 shares during the period. Christensen King & Associates Investment Services Inc. lifted its position in shares of Schwab U.S. TIPS ETF by 0.3% during the third quarter. Christensen King & Associates Investment Services Inc. now owns 151,362 shares of the company’s stock worth $3,804,000 after purchasing an additional 427 shares in the last quarter. WJ Financial Advisors LLC lifted its position in shares of Schwab U.S. TIPS ETF by 3.9% during the first quarter. WJ Financial Advisors LLC now owns 13,015 shares of the company’s stock worth $346,000 after purchasing an additional 486 shares in the last quarter. Finally, Essential Partners LLC lifted its position in shares of Schwab U.S. TIPS ETF by 1.8% during the first quarter. Essential Partners LLC now owns 30,977 shares of the company’s stock worth $824,000 after purchasing an additional 560 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA SCHP opened at $25.64 on Wednesday. The firm has a 50 day simple moving average of $25.55 and a 200-day simple moving average of $26.30. Schwab U.S. TIPS ETF has a one year low of $25.01 and a one year high of $27.11.

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.