Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Purchased by Frontier Asset Management LLC

Frontier Asset Management LLC boosted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 45,860 shares of the company’s stock after purchasing an additional 840 shares during the quarter. Schwab U.S. TIPS ETF makes up 0.9% of Frontier Asset Management LLC’s portfolio, making the stock its 27th biggest holding. Frontier Asset Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,385,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. HCR Wealth Advisors lifted its position in shares of Schwab U.S. TIPS ETF by 1.9% in the second quarter. HCR Wealth Advisors now owns 118,640 shares of the company’s stock valued at $6,170,000 after acquiring an additional 2,187 shares in the last quarter. Koss Olinger Consulting LLC purchased a new stake in Schwab U.S. TIPS ETF during the 2nd quarter worth $1,896,000. Strategic Financial Concepts LLC grew its stake in shares of Schwab U.S. TIPS ETF by 5,365.7% in the second quarter. Strategic Financial Concepts LLC now owns 417,250 shares of the company’s stock valued at $21,701,000 after buying an additional 409,616 shares in the last quarter. SRS Capital Advisors Inc. grew its position in Schwab U.S. TIPS ETF by 3.7% in the second quarter. SRS Capital Advisors Inc. now owns 599,877 shares of the company’s stock valued at $31,200,000 after acquiring an additional 21,186 shares in the last quarter. Finally, LGT Financial Advisors LLC grew its holdings in Schwab U.S. TIPS ETF by 81.8% during the 2nd quarter. LGT Financial Advisors LLC now owns 680 shares of the company’s stock valued at $35,000 after purchasing an additional 306 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of Schwab U.S. TIPS ETF stock opened at $53.39 on Wednesday. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $53.39. The business has a 50-day moving average of $52.63 and a 200-day moving average of $52.07.

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.