SeaCrest Wealth Management LLC Sells 3,564 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

SeaCrest Wealth Management LLC cut its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 9.6% in the 4th quarter, Holdings Channel.com reports. The fund owned 33,457 shares of the company’s stock after selling 3,564 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,732,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. West Family Investments Inc. acquired a new stake in Schwab U.S. TIPS ETF during the third quarter worth about $8,894,000. Websterrogers Financial Advisors LLC boosted its position in shares of Schwab U.S. TIPS ETF by 7.7% during the 3rd quarter. Websterrogers Financial Advisors LLC now owns 21,608 shares of the company’s stock worth $1,091,000 after acquiring an additional 1,553 shares in the last quarter. Modera Wealth Management LLC increased its stake in Schwab U.S. TIPS ETF by 0.5% in the third quarter. Modera Wealth Management LLC now owns 358,727 shares of the company’s stock valued at $18,112,000 after acquiring an additional 1,647 shares during the last quarter. Hirtle Callaghan & Co LLC raised its position in Schwab U.S. TIPS ETF by 33.2% during the third quarter. Hirtle Callaghan & Co LLC now owns 130,540 shares of the company’s stock valued at $6,591,000 after purchasing an additional 32,505 shares in the last quarter. Finally, Axxcess Wealth Management LLC bought a new stake in Schwab U.S. TIPS ETF during the third quarter worth $1,436,000.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP remained flat at $52.16 during midday trading on Thursday. The stock had a trading volume of 918,292 shares, compared to its average volume of 1,252,879. Schwab U.S. TIPS ETF has a one year low of $49.50 and a one year high of $54.10. The company’s 50 day moving average price is $51.84 and its two-hundred day moving average price is $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.