Bigelow Investment Advisors LLC Trims Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Bigelow Investment Advisors LLC cut its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 16.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,244 shares of the company’s stock after selling 4,451 shares during the period. Bigelow Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,213,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Resonant Capital Advisors LLC increased its stake in Schwab U.S. TIPS ETF by 4.3% during the fourth quarter. Resonant Capital Advisors LLC now owns 145,626 shares of the company’s stock worth $7,602,000 after purchasing an additional 6,026 shares during the period. Red Tortoise LLC grew its position in shares of Schwab U.S. TIPS ETF by 9.2% during the fourth quarter. Red Tortoise LLC now owns 59,681 shares of the company’s stock worth $3,115,000 after buying an additional 5,042 shares in the last quarter. Goodwin Investment Advisory acquired a new position in shares of Schwab U.S. TIPS ETF during the fourth quarter worth about $5,211,000. Alpha Omega Wealth Management LLC grew its position in shares of Schwab U.S. TIPS ETF by 1.4% during the fourth quarter. Alpha Omega Wealth Management LLC now owns 64,899 shares of the company’s stock worth $3,388,000 after buying an additional 865 shares in the last quarter. Finally, Avior Wealth Management LLC grew its position in shares of Schwab U.S. TIPS ETF by 9.0% during the fourth quarter. Avior Wealth Management LLC now owns 312,378 shares of the company’s stock worth $16,306,000 after buying an additional 25,664 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of Schwab U.S. TIPS ETF stock traded up $0.08 on Friday, reaching $51.32. 917,143 shares of the company were exchanged, compared to its average volume of 1,248,149. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $53.92. The stock’s 50 day moving average price is $51.74 and its 200-day moving average price is $51.41.

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.