Assetmark Inc. Sells 1,032,494 Shares of Schwab U.S. TIPs ETF (NYSEARCA:SCHP)

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Assetmark Inc. cut its stake in Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 82.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,584 shares of the company’s stock after selling 1,032,494 shares during the period. Assetmark Inc. owned approximately 0.18% of Schwab U.S. TIPs ETF worth $12,703,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Meridian Wealth Management LLC bought a new position in Schwab U.S. TIPs ETF in the 1st quarter valued at approximately $36,000. Cable Hill Partners LLC acquired a new stake in shares of Schwab U.S. TIPs ETF during the 1st quarter worth approximately $40,000. Tower Research Capital LLC TRC acquired a new stake in Schwab U.S. TIPs ETF in the 2nd quarter valued at $43,000. Rockefeller Capital Management L.P. acquired a new stake in Schwab U.S. TIPs ETF in the 2nd quarter valued at $45,000. Finally, Citizens Financial Group Inc RI acquired a new stake in Schwab U.S. TIPs ETF in the 2nd quarter valued at $49,000.

NYSEARCA:SCHP traded down $0.17 during trading hours on Friday, hitting $56.55. 494,911 shares of the company traded hands, compared to its average volume of 639,621. The firm’s 50-day simple moving average is $56.99 and its 200-day simple moving average is $56.04. Schwab U.S. TIPs ETF has a one year low of $52.75 and a one year high of $57.75.

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

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