Avior Wealth Management LLC Has $19.84 Million Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Avior Wealth Management LLC boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 109.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 768,173 shares of the company’s stock after buying an additional 401,825 shares during the quarter. Avior Wealth Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $19,842,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. boosted its stake in shares of 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 lifted its holdings in 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 during the period. Decker Retirement Planning Inc. acquired a new position in Schwab U.S. TIPS ETF in the fourth quarter valued at approximately $45,000. Capital Performance Advisors LLP bought a new position in Schwab U.S. TIPS ETF in the third quarter valued at approximately $63,000. Finally, Cordant Inc. grew 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 worth $69,000 after acquiring an additional 1,364 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.1 %

Shares of Schwab U.S. TIPS ETF stock opened at $25.94 on Thursday. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $26.96. The firm has a fifty 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.