Valmark Advisers Inc. Acquires 110,910 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Valmark Advisers Inc. raised its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 92.9% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 230,269 shares of the company’s stock after buying an additional 110,910 shares during the period. Valmark Advisers Inc. owned about 0.11% of Schwab U.S. TIPS ETF worth $5,948,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Salem Investment Counselors Inc. raised its stake in Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after buying an additional 506 shares during the period. Independence Bank of Kentucky raised its stake in Schwab U.S. TIPS ETF by 107.0% in the fourth quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock valued at $32,000 after buying an additional 642 shares during the period. Pathway Financial Advisers LLC raised its stake in Schwab U.S. TIPS ETF by 101.9% in the fourth quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock valued at $34,000 after buying an additional 655 shares during the period. First Community Trust NA increased its stake in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after purchasing an additional 700 shares during the period. Finally, S.A. Mason LLC increased its stake in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock worth $39,000 after purchasing an additional 760 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.2 %

Shares of NYSEARCA SCHP opened at $26.30 on Friday. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96. The business’s 50 day moving average is $26.01 and its 200-day moving average is $26.30.

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.