Sage Financial Group Inc. Has $12.98 Million Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Sage Financial Group Inc. decreased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 5.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 248,555 shares of the company’s stock after selling 15,219 shares during the quarter. Schwab U.S. TIPS ETF makes up about 1.3% of Sage Financial Group Inc.’s investment portfolio, making the stock its 15th biggest holding. Sage Financial Group Inc. owned 0.11% of Schwab U.S. TIPS ETF worth $12,975,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. BTS Asset Management Inc. boosted its holdings in Schwab U.S. TIPS ETF by 1.6% during the first quarter. BTS Asset Management Inc. now owns 11,568 shares of the company’s stock worth $702,000 after purchasing an additional 178 shares during the last quarter. Jackson Hole Capital Partners LLC lifted its stake in Schwab U.S. TIPS ETF by 4.0% in the second quarter. Jackson Hole Capital Partners LLC now owns 5,091 shares of the company’s stock valued at $267,000 after acquiring an additional 195 shares during the last quarter. Baltimore Washington Financial Advisors Inc. acquired a new stake in Schwab U.S. TIPS ETF in the first quarter valued at $567,000. Salem Investment Counselors Inc. lifted its stake in Schwab U.S. TIPS ETF by 53.6% in the fourth quarter. Salem Investment Counselors Inc. now owns 639 shares of the company’s stock valued at $33,000 after acquiring an additional 223 shares during the last quarter. Finally, Ameritas Investment Partners Inc. lifted its stake in Schwab U.S. TIPS ETF by 6.5% in the first quarter. Ameritas Investment Partners Inc. now owns 3,941 shares of the company’s stock valued at $239,000 after acquiring an additional 240 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock traded up $0.04 during trading hours on Thursday, reaching $52.20. The stock had a trading volume of 464,815 shares, compared to its average volume of 1,244,393. The stock has a 50-day simple moving average of $51.84 and a 200 day simple moving average of $51.33. Schwab U.S. TIPS ETF has a fifty-two week low of $49.50 and a fifty-two week high of $54.10.

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.