JMG Financial Group Ltd. Grows Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

JMG Financial Group Ltd. lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 102.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 115,659 shares of the company’s stock after acquiring an additional 58,523 shares during the quarter. JMG Financial Group Ltd.’s holdings in Schwab U.S. TIPS ETF were worth $2,987,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the business. FDx Advisors Inc. grew its position in Schwab U.S. TIPS ETF by 100.5% during the 4th quarter. FDx Advisors Inc. now owns 585,304 shares of the company’s stock worth $15,118,000 after purchasing an additional 293,439 shares during the period. Citizens National Bank Trust Department boosted its stake in shares of Schwab U.S. TIPS ETF by 90.6% in the fourth quarter. Citizens National Bank Trust Department now owns 51,141 shares of the company’s stock worth $1,321,000 after buying an additional 24,314 shares during the last quarter. Advyzon Investment Management LLC acquired a new stake in Schwab U.S. TIPS ETF during the fourth quarter worth about $529,000. Jacobson & Schmitt Advisors LLC purchased a new position in Schwab U.S. TIPS ETF during the fourth quarter valued at approximately $3,534,000. Finally, Private Advisor Group LLC lifted its holdings in Schwab U.S. TIPS ETF by 80.7% in the fourth quarter. Private Advisor Group LLC now owns 135,899 shares of the company’s stock valued at $3,510,000 after acquiring an additional 60,676 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.2 %

Shares of NYSEARCA SCHP opened at $26.32 on Friday. The firm’s 50 day simple moving average is $26.00 and its 200-day simple moving average is $26.30. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $26.96.

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.