Clearview Wealth Advisors LLC Takes Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Clearview Wealth Advisors LLC purchased a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 3,967 shares of the company’s stock, valued at approximately $206,000.

Several other institutional investors have also made changes to their positions in SCHP. Transcendent Capital Group LLC acquired a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at $26,000. Mather Group LLC. acquired a new stake in Schwab U.S. TIPS ETF during the first quarter valued at $27,000. Pathway Financial Advisers LLC purchased a new position in Schwab U.S. TIPS ETF in the first quarter valued at about $33,000. Triad Wealth Partners LLC acquired a new position in Schwab U.S. TIPS ETF in the 2nd quarter worth about $44,000. Finally, Crewe Advisors LLC increased its position in Schwab U.S. TIPS ETF by 295.7% in the 4th quarter. Crewe Advisors LLC now owns 930 shares of the company’s stock worth $49,000 after purchasing an additional 695 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.3 %

Shares of Schwab U.S. TIPS ETF stock traded down $0.18 during trading on Friday, hitting $52.93. 572,835 shares of the stock traded hands, compared to its average volume of 1,195,481. The company has a fifty day moving average price of $52.47 and a two-hundred day moving average price of $51.99. Schwab U.S. TIPS ETF has a twelve month low of $49.50 and a twelve month high of $53.28.

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.