Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Sold by Panoramic Investment Advisors LLC

Panoramic Investment Advisors LLC reduced its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 13.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 13,335 shares of the company’s stock after selling 2,073 shares during the quarter. Panoramic Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $696,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of SCHP. Transcendent Capital Group LLC acquired a new position in Schwab U.S. TIPS ETF in the 4th quarter valued at $26,000. Mather Group LLC. acquired a new position in Schwab U.S. TIPS ETF in the 1st quarter valued at $27,000. Crewe Advisors LLC grew its stake in shares of Schwab U.S. TIPS ETF by 295.7% during the 4th quarter. Crewe Advisors LLC now owns 930 shares of the company’s stock worth $49,000 after purchasing an additional 695 shares during the period. Versant Capital Management Inc acquired a new position in shares of Schwab U.S. TIPS ETF during the 1st quarter worth $53,000. Finally, Financial Synergies Wealth Advisors Inc. acquired a new position in shares of Schwab U.S. TIPS ETF during the 1st quarter worth $60,000.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA:SCHP traded up $0.05 on Tuesday, reaching $51.63. 249,218 shares of the company were exchanged, compared to its average volume of 1,274,252. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $52.71. The company has a 50-day moving average of $51.77 and a 200-day moving average of $51.83.

About Schwab U.S. TIPS ETF

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.