Arkansas Financial Group Inc. Acquires 32,503 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Arkansas Financial Group Inc. raised its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 83.3% during the fourth quarter, Holdings Channel reports. The firm owned 71,499 shares of the company’s stock after purchasing an additional 32,503 shares during the period. Arkansas Financial Group Inc.’s holdings in Schwab U.S. TIPS ETF were worth $1,847,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of SCHP. Salem Investment Counselors Inc. increased its position in 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 buying an additional 506 shares in the last quarter. First Community Trust NA grew its holdings in shares of 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 acquiring an additional 700 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter worth about $45,000. Capital Performance Advisors LLP purchased a new stake in shares of Schwab U.S. TIPS ETF during the 3rd quarter worth approximately $63,000. Finally, Cordant Inc. lifted its position in shares of Schwab U.S. TIPS ETF by 105.2% during the 4th quarter. Cordant Inc. now owns 2,660 shares of the company’s stock valued at $69,000 after buying an additional 1,364 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

SCHP opened at $25.96 on Friday. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $26.96. The company has a 50 day moving average of $26.04 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.