LVW Advisors LLC Sells 21,954 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

LVW Advisors LLC lessened its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 65.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 11,826 shares of the company’s stock after selling 21,954 shares during the period. LVW Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $305,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Renaissance Technologies LLC acquired a new position in Schwab U.S. TIPS ETF during the second quarter valued at approximately $943,000. Thrivent Financial for Lutherans grew its stake in Schwab U.S. TIPS ETF by 5.7% in the 2nd quarter. Thrivent Financial for Lutherans now owns 212,048 shares of the company’s stock valued at $11,029,000 after buying an additional 11,452 shares during the last quarter. Fairscale Capital LLC bought a new position in Schwab U.S. TIPS ETF in the 2nd quarter worth $105,000. EverSource Wealth Advisors LLC lifted its position in Schwab U.S. TIPS ETF by 66.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 16,489 shares of the company’s stock worth $869,000 after acquiring an additional 6,591 shares during the last quarter. Finally, Smith Thornton Advisors LLC bought a new stake in Schwab U.S. TIPS ETF during the second quarter valued at about $1,455,000.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of NYSEARCA:SCHP opened at $25.95 on Tuesday. The stock’s 50-day moving average is $26.04 and its 200-day moving average is $26.30. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96.

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.