Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Holdings Raised by Lederer & Associates Investment Counsel CA

Lederer & Associates Investment Counsel CA grew its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,886 shares of the company’s stock after purchasing an additional 29,943 shares during the quarter. Lederer & Associates Investment Counsel CA’s holdings in Schwab U.S. TIPS ETF were worth $1,547,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Simplicity Wealth LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 6.7% during the 3rd quarter. Simplicity Wealth LLC now owns 5,016 shares of the company’s stock valued at $269,000 after purchasing an additional 314 shares in the last quarter. CWM LLC raised its holdings 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 in the last quarter. Pinnacle Bancorp Inc. raised its holdings in shares of Schwab U.S. TIPS ETF by 2.4% during the 3rd quarter. Pinnacle Bancorp Inc. now owns 15,492 shares of the company’s stock valued at $831,000 after purchasing an additional 364 shares in the last quarter. Covestor Ltd raised its holdings in shares of Schwab U.S. TIPS ETF by 7.4% during the 3rd quarter. Covestor Ltd now owns 5,625 shares of the company’s stock valued at $302,000 after purchasing an additional 388 shares in the last quarter. Finally, Aptus Capital Advisors LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 8.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock valued at $256,000 after purchasing an additional 392 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.15 on Monday. The firm’s fifty day simple moving average is $26.03 and its 200-day simple moving average is $26.29. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96.

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.