Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Purchased by Pine Haven Investment Counsel Inc

Pine Haven Investment Counsel Inc boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 108.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 42,969 shares of the company’s stock after acquiring an additional 22,329 shares during the quarter. Pine Haven Investment Counsel Inc’s holdings in Schwab U.S. TIPS ETF were worth $1,110,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Renaissance Technologies LLC acquired a new stake in shares of Schwab U.S. TIPS ETF in the second quarter worth $943,000. Brighton Jones LLC increased its holdings in Schwab U.S. TIPS ETF by 16.4% in the 2nd quarter. Brighton Jones LLC now owns 8,954 shares of the company’s stock valued at $466,000 after purchasing an additional 1,264 shares in the last quarter. Thrivent Financial for Lutherans raised its position in Schwab U.S. TIPS ETF by 5.7% in the second quarter. Thrivent Financial for Lutherans now owns 212,048 shares of the company’s stock valued at $11,029,000 after purchasing an additional 11,452 shares during the period. Cerity Partners OCIO LLC purchased a new position in Schwab U.S. TIPS ETF in the second quarter valued at about $130,469,000. Finally, Greenline Partners LLC acquired a new position in shares of Schwab U.S. TIPS ETF during the second quarter worth about $45,303,000.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of NYSEARCA SCHP opened at $25.95 on Monday. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96. The business has a 50-day moving average of $26.05 and a 200-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.