Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Stock Position Raised by Private Trust Co. NA

Private Trust Co. NA boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 364.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,649 shares of the company’s stock after acquiring an additional 3,649 shares during the period. Private Trust Co. NA’s holdings in Schwab U.S. TIPS ETF were worth $120,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SCHP. Salem Investment Counselors Inc. raised its position in shares of Schwab U.S. TIPS ETF by 91.8% during the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after purchasing an additional 506 shares during the period. Transcendent Capital Group LLC grew its stake in Schwab U.S. TIPS ETF by 112.1% during the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after buying an additional 554 shares during the last quarter. Independence Bank of Kentucky increased its position in Schwab U.S. TIPS ETF by 107.0% in the fourth quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock worth $32,000 after buying an additional 642 shares during the period. Pathway Financial Advisers LLC lifted its stake in Schwab U.S. TIPS ETF by 101.9% in the fourth quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock valued at $34,000 after buying an additional 655 shares during the last quarter. Finally, First Community Trust NA boosted its holdings in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after acquiring an additional 700 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.69 on Wednesday. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96. The company has a 50-day simple moving average of $26.10 and a 200-day simple moving average of $26.31.

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.