Sofos Investments Inc. Raises Stock Holdings in Schwab U.S. TIPs ETF (NYSEARCA:SCHP)

Sofos Investments Inc. lifted its holdings in shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 10.9% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,667 shares of the company’s stock after acquiring an additional 360 shares during the quarter. Sofos Investments Inc.’s holdings in Schwab U.S. TIPs ETF were worth $292,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Quadrant Capital Group LLC increased its position in shares of Schwab U.S. TIPs ETF by 8.5% during the first quarter. Quadrant Capital Group LLC now owns 2,113 shares of the company’s stock valued at $129,000 after acquiring an additional 166 shares during the last quarter. TownSquare Capital LLC increased its position in Schwab U.S. TIPs ETF by 4.9% in the first quarter. TownSquare Capital LLC now owns 3,975 shares of the company’s stock worth $243,000 after buying an additional 184 shares during the last quarter. Financial Architects Inc increased its position in Schwab U.S. TIPs ETF by 5.0% in the second quarter. Financial Architects Inc now owns 4,838 shares of the company’s stock worth $302,000 after buying an additional 230 shares during the last quarter. HBW Advisory Services LLC increased its position in Schwab U.S. TIPs ETF by 5.2% in the second quarter. HBW Advisory Services LLC now owns 4,744 shares of the company’s stock worth $297,000 after buying an additional 236 shares during the last quarter. Finally, Weik Capital Management increased its position in Schwab U.S. TIPs ETF by 1.0% in the first quarter. Weik Capital Management now owns 25,090 shares of the company’s stock worth $1,535,000 after buying an additional 250 shares during the last quarter.

NYSEARCA:SCHP traded down $0.08 during trading hours on Tuesday, reaching $63.04. The stock had a trading volume of 86,265 shares, compared to its average volume of 2,211,353. The stock has a 50 day simple moving average of $63.24 and a 200 day simple moving average of $62.35. Schwab U.S. TIPs ETF has a 12-month low of $60.31 and a 12-month high of $63.91.

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

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