Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Position Raised by LifeGuide Financial Advisors LLC

LifeGuide Financial Advisors LLC lifted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 110.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,567,621 shares of the company’s stock after purchasing an additional 823,329 shares during the period. Schwab U.S. TIPS ETF comprises about 17.4% of LifeGuide Financial Advisors LLC’s portfolio, making the stock its 2nd biggest holding. LifeGuide Financial Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $40,492,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in SCHP. Advisory Alpha LLC raised its stake in shares of Schwab U.S. TIPS ETF by 91.5% during the 4th quarter. Advisory Alpha LLC now owns 980,880 shares of the company’s stock worth $25,336,000 after buying an additional 468,543 shares during the period. Braun Bostich & Associates Inc. raised its position in Schwab U.S. TIPS ETF by 87.8% during the fourth quarter. Braun Bostich & Associates Inc. now owns 63,297 shares of the company’s stock worth $1,635,000 after acquiring an additional 29,586 shares during the period. Sheets Smith Wealth Management lifted its holdings in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Sheets Smith Wealth Management now owns 16,052 shares of the company’s stock valued at $415,000 after purchasing an additional 8,026 shares in the last quarter. Perfromance Wealth Partners LLC grew its position in shares of Schwab U.S. TIPS ETF by 83.5% in the fourth quarter. Perfromance Wealth Partners LLC now owns 153,703 shares of the company’s stock valued at $3,970,000 after purchasing an additional 69,954 shares during the period. Finally, Octavia Wealth Advisors LLC increased its stake in shares of Schwab U.S. TIPS ETF by 68.3% during the fourth quarter. Octavia Wealth Advisors LLC now owns 9,366 shares of the company’s stock worth $242,000 after purchasing an additional 3,800 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of Schwab U.S. TIPS ETF stock opened at $25.97 on Wednesday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96. The firm’s 50-day moving average price is $26.04 and its 200 day moving average price is $26.30.

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.