Independence Bank of Kentucky Purchases 642 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Independence Bank of Kentucky boosted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 107.0% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,242 shares of the company’s stock after purchasing an additional 642 shares during the quarter. Independence Bank of Kentucky’s holdings in Schwab U.S. TIPS ETF were worth $32,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Quadratic Capital Management LLC increased its holdings in Schwab U.S. TIPS ETF by 24.5% during the fourth quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock valued at $367,692,000 after buying an additional 2,803,683 shares during the period. JPMorgan Chase & Co. boosted its position in Schwab U.S. TIPS ETF by 17.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock valued at $534,806,000 after acquiring an additional 1,458,886 shares in the last quarter. Stephens Group Asset Management LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 105.9% in the 4th quarter. Stephens Group Asset Management LLC now owns 1,696,759 shares of the company’s stock valued at $43,827,000 after acquiring an additional 872,511 shares during the period. Empower Advisory Group LLC raised its position in shares of Schwab U.S. TIPS ETF by 5.1% in the 3rd quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock worth $951,174,000 after acquiring an additional 857,417 shares in the last quarter. Finally, LifeGuide Financial Advisors LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 110.6% during the 4th quarter. LifeGuide Financial Advisors LLC now owns 1,567,621 shares of the company’s stock worth $40,492,000 after purchasing an additional 823,329 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of SCHP stock opened at $26.15 on Monday. The stock’s 50-day moving average is $26.03 and its 200 day moving average is $26.29. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96.

Schwab U.S. TIPS ETF Company 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.