Charles Schwab Trust Co grew its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 99.1% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 198,284 shares of the company’s stock after acquiring an additional 98,707 shares during the period. Charles Schwab Trust Co’s holdings in Schwab U.S. TIPS ETF were worth $5,122,000 as of its most recent filing with the SEC.
Several other large investors have also recently made changes to their positions in SCHP. Salem Investment Counselors Inc. increased its holdings in Schwab U.S. TIPS ETF by 91.8% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after purchasing an additional 506 shares during the last quarter. First Community Trust NA grew its stake in shares of Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after buying an additional 700 shares in the last quarter. Decker Retirement Planning Inc. purchased a new stake in shares of Schwab U.S. TIPS ETF in the 4th quarter valued at $45,000. Capital Performance Advisors LLP acquired a new position in Schwab U.S. TIPS ETF during the 3rd quarter worth about $63,000. Finally, Cordant Inc. boosted its holdings in Schwab U.S. TIPS ETF by 105.2% during the 4th quarter. Cordant Inc. now owns 2,660 shares of the company’s stock valued at $69,000 after acquiring an additional 1,364 shares during the period.
Schwab U.S. TIPS ETF Stock Up 0.1 %
NYSEARCA SCHP opened at $25.95 on Tuesday. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96. The stock has a 50-day moving average of $26.04 and a two-hundred day moving average of $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.
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