Wealth Enhancement Advisory Services LLC lifted its position in Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 1.6% during the 2nd quarter, HoldingsChannel reports. The firm owned 529,660 shares of the company’s stock after buying an additional 8,295 shares during the period. Schwab U.S. TIPs ETF comprises about 1.3% of Wealth Enhancement Advisory Services LLC’s investment portfolio, making the stock its 17th biggest position. Wealth Enhancement Advisory Services LLC’s holdings in Schwab U.S. TIPs ETF were worth $29,714,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Peak Financial Management Inc. increased its stake in Schwab U.S. TIPs ETF by 2.6% in the second quarter. Peak Financial Management Inc. now owns 141,383 shares of the company’s stock valued at $7,961,000 after acquiring an additional 3,598 shares during the last quarter. Matrix Trust Co bought a new position in Schwab U.S. TIPs ETF in the second quarter valued at $7,986,000. Advisory Services Network LLC increased its stake in Schwab U.S. TIPs ETF by 18.6% in the second quarter. Advisory Services Network LLC now owns 14,223 shares of the company’s stock valued at $801,000 after acquiring an additional 2,230 shares during the last quarter. Coastal Investment Advisors Inc. increased its stake in Schwab U.S. TIPs ETF by 29.5% in the second quarter. Coastal Investment Advisors Inc. now owns 6,978 shares of the company’s stock valued at $394,000 after acquiring an additional 1,589 shares during the last quarter. Finally, Slow Capital Inc. increased its stake in Schwab U.S. TIPs ETF by 16.9% in the second quarter. Slow Capital Inc. now owns 34,034 shares of the company’s stock valued at $1,917,000 after acquiring an additional 4,921 shares during the last quarter.

SCHP traded up $0.13 during trading on Thursday, reaching $57.32. The stock had a trading volume of 1,380 shares, compared to its average volume of 556,928. Schwab U.S. TIPs ETF has a one year low of $52.75 and a one year high of $57.25. The firm’s 50-day moving average is $56.32.

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Institutional Ownership by Quarter for Schwab U.S. TIPs ETF (NYSEARCA:SCHP)

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