Spire Wealth Management Has $61,000 Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Spire Wealth Management lessened its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 61.0% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,156 shares of the company’s stock after selling 1,808 shares during the period. Spire Wealth Management’s holdings in Schwab U.S. TIPS ETF were worth $61,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in shares of Schwab U.S. TIPS ETF by 21.6% during the 1st quarter. JPMorgan Chase & Co. now owns 20,129,414 shares of the company’s stock worth $1,079,137,000 after buying an additional 3,579,526 shares during the period. Quadratic Capital Management LLC grew its holdings in Schwab U.S. TIPS ETF by 2.3% during the second quarter. Quadratic Capital Management LLC now owns 11,998,026 shares of the company’s stock valued at $629,057,000 after purchasing an additional 265,343 shares during the period. Empower Advisory Group LLC bought a new stake in Schwab U.S. TIPS ETF in the first quarter valued at approximately $511,229,000. Moneta Group Investment Advisors LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 83,208.8% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,912,667 shares of the company’s stock valued at $409,797,000 after buying an additional 7,903,169 shares during the period. Finally, Summit Wealth Group LLC bought a new stake in shares of Schwab U.S. TIPS ETF in the 1st quarter valued at $102,000.

Schwab U.S. TIPS ETF Trading Up 0.3 %

SCHP stock opened at $51.01 on Tuesday. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $54.10. The business’s 50-day moving average price is $50.47 and its two-hundred day moving average price is $51.56.

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.