Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Stock Position Lifted by Cliftonlarsonallen Wealth Advisors LLC

Cliftonlarsonallen Wealth Advisors LLC lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 106.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 233,859 shares of the company’s stock after purchasing an additional 120,690 shares during the quarter. Cliftonlarsonallen Wealth Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $6,041,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHP. Salem Investment Counselors Inc. lifted 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 worth $27,000 after acquiring an additional 506 shares during the period. Capital Performance Advisors LLP bought a new stake in Schwab U.S. TIPS ETF during the third quarter worth approximately $63,000. First Community Trust NA lifted its position 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 worth $36,000 after purchasing an additional 700 shares during the period. Fairscale Capital LLC bought a new position in Schwab U.S. TIPS ETF during the 2nd quarter valued at $105,000. Finally, CWM LLC increased its position in shares of Schwab U.S. TIPS ETF by 13.9% during the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $151,000 after purchasing an additional 344 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.6 %

Shares of SCHP traded up $0.15 during midday trading on Wednesday, reaching $25.88. The stock had a trading volume of 207,818 shares, compared to its average volume of 3,590,104. The firm’s 50 day moving average price is $26.07 and its 200-day moving average price is $26.30. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $26.96.

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.