Harbour Investments Inc. Cuts Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Harbour Investments Inc. decreased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 0.8% in the second quarter, Holdings Channel.com reports. The firm owned 130,098 shares of the company’s stock after selling 1,034 shares during the period. Harbour Investments Inc.’s holdings in Schwab U.S. TIPS ETF were worth $6,766,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Transcendent Capital Group LLC bought a new position in Schwab U.S. TIPS ETF during the 4th quarter valued at approximately $26,000. Mather Group LLC. purchased a new stake in shares of Schwab U.S. TIPS ETF in the first quarter worth $27,000. Pathway Financial Advisers LLC bought a new position in shares of Schwab U.S. TIPS ETF during the first quarter valued at $33,000. Triad Wealth Partners LLC purchased a new position in shares of Schwab U.S. TIPS ETF in the 2nd quarter worth about $44,000. Finally, Crewe Advisors LLC boosted its stake in Schwab U.S. TIPS ETF by 295.7% in the 4th quarter. Crewe Advisors LLC now owns 930 shares of the company’s stock worth $49,000 after purchasing an additional 695 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock traded down $0.01 during trading on Tuesday, hitting $53.17. 454,643 shares of the stock traded hands, compared to its average volume of 1,206,596. Schwab U.S. TIPS ETF has a 1 year low of $49.50 and a 1 year high of $53.28. The firm’s 50 day moving average is $52.42 and its two-hundred day moving average is $51.96.

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.