Octavia Wealth Advisors LLC Boosts Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Octavia Wealth Advisors LLC grew its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 68.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,366 shares of the company’s stock after acquiring an additional 3,800 shares during the quarter. Octavia Wealth Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in SCHP. Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab U.S. TIPS ETF in the third quarter valued at $483,000. Brookstone Capital Management increased its holdings in shares of Schwab U.S. TIPS ETF by 161.2% in the 4th quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock worth $446,000 after buying an additional 10,651 shares during the last quarter. Full Sail Capital LLC raised its position in shares of Schwab U.S. TIPS ETF by 6.3% during the 2nd quarter. Full Sail Capital LLC now owns 660,753 shares of the company’s stock valued at $34,366,000 after buying an additional 38,984 shares in the last quarter. Canandaigua National Bank & Trust Co. lifted its holdings in shares of Schwab U.S. TIPS ETF by 105.0% in the 4th quarter. Canandaigua National Bank & Trust Co. now owns 12,252 shares of the company’s stock valued at $316,000 after acquiring an additional 6,276 shares during the last quarter. Finally, Principal Financial Group Inc. grew its position in Schwab U.S. TIPS ETF by 6.3% in the third quarter. Principal Financial Group Inc. now owns 173,650 shares of the company’s stock worth $9,313,000 after acquiring an additional 10,327 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $25.97 on Wednesday. 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 $26.04 and its two-hundred day moving average is $26.30.

Schwab U.S. TIPS ETF 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.