Envestnet Asset Management Inc. Sells 11,270 Shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP)

Envestnet Asset Management Inc. lowered its holdings in Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 0.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,547,532 shares of the company’s stock after selling 11,270 shares during the quarter. Envestnet Asset Management Inc. owned approximately 2.07% of Schwab U.S. TIPs ETF worth $143,452,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. WealthPLAN Partners LLC raised its stake in shares of Schwab U.S. TIPs ETF by 8.5% during the 1st quarter. WealthPLAN Partners LLC now owns 5,803 shares of the company’s stock worth $321,000 after acquiring an additional 455 shares in the last quarter. Heritage Wealth Advisors raised its stake in shares of Schwab U.S. TIPs ETF by 0.5% during the 1st quarter. Heritage Wealth Advisors now owns 411,877 shares of the company’s stock worth $22,653,000 after acquiring an additional 2,023 shares in the last quarter. Koshinski Asset Management Inc. raised its stake in shares of Schwab U.S. TIPs ETF by 23.3% during the 2nd quarter. Koshinski Asset Management Inc. now owns 4,713 shares of the company’s stock worth $265,000 after acquiring an additional 890 shares in the last quarter. First National Corp MA ADV raised its stake in shares of Schwab U.S. TIPs ETF by 5.7% during the 1st quarter. First National Corp MA ADV now owns 25,554 shares of the company’s stock worth $1,405,000 after acquiring an additional 1,386 shares in the last quarter. Finally, IMA Wealth Inc. raised its stake in shares of Schwab U.S. TIPs ETF by 172.6% during the 1st quarter. IMA Wealth Inc. now owns 2,568 shares of the company’s stock worth $141,000 after acquiring an additional 1,626 shares in the last quarter.

Schwab U.S. TIPs ETF stock traded up $0.13 during mid-day trading on Thursday, reaching $57.32. 1,380 shares of the company traded hands, compared to its average volume of 556,928. The company has a fifty day moving average price of $56.32. Schwab U.S. TIPs ETF has a fifty-two week low of $52.75 and a fifty-two week high of $57.25.

Featured Article: Why do companies engage in swaps?

Institutional Ownership by Quarter for Schwab U.S. TIPs ETF (NYSEARCA:SCHP)

Receive News & Ratings for Schwab U.S. TIPs ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. TIPs ETF and related companies with MarketBeat.com's FREE daily email newsletter.