Archvest Wealth Advisors Inc. Decreases Position in Schwab U.S. TIPS ETF $SCHP

Archvest Wealth Advisors Inc. decreased its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 97.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,320 shares of the company’s stock after selling 55,941 shares during the period. Archvest Wealth Advisors Inc.’s holdings in Schwab U.S. TIPS ETF were worth $35,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. US Bancorp DE boosted its holdings in Schwab U.S. TIPS ETF by 899.8% in the third quarter. US Bancorp DE now owns 16,265,679 shares of the company’s stock valued at $438,361,000 after purchasing an additional 14,638,820 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp boosted its holdings in Schwab U.S. TIPS ETF by 29,954.5% in the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 4,628,695 shares of the company’s stock valued at $124,743,000 after purchasing an additional 4,613,294 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in Schwab U.S. TIPS ETF by 11.6% in the third quarter. Wealthfront Advisers LLC now owns 35,688,247 shares of the company’s stock valued at $961,798,000 after purchasing an additional 3,718,170 shares during the last quarter. Quadratic Capital Management LLC boosted its holdings in Schwab U.S. TIPS ETF by 23.2% in the fourth quarter. Quadratic Capital Management LLC now owns 14,499,201 shares of the company’s stock valued at $384,084,000 after purchasing an additional 2,732,156 shares during the last quarter. Finally, Valpey Financial Services LLC boosted its holdings in Schwab U.S. TIPS ETF by 2,722.6% in the fourth quarter. Valpey Financial Services LLC now owns 1,970,938 shares of the company’s stock valued at $52,210,000 after purchasing an additional 1,901,111 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA SCHP opened at $26.59 on Thursday. The stock’s 50 day moving average price is $26.72 and its two-hundred day moving average price is $26.71. Schwab U.S. TIPS ETF has a 52-week low of $26.20 and a 52-week high of $27.19.

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.