Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Stake Boosted by Signet Investment Advisory Group Inc.

Signet Investment Advisory Group Inc. increased its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 99.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 321,275 shares of the company’s stock after acquiring an additional 160,325 shares during the period. Schwab U.S. TIPS ETF comprises about 4.2% of Signet Investment Advisory Group Inc.’s investment portfolio, making the stock its 4th biggest holding. Signet Investment Advisory Group Inc. owned 0.15% of Schwab U.S. TIPS ETF worth $8,299,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SCHP. Brookstone Capital Management raised its position in Schwab U.S. TIPS ETF by 40.2% in the third quarter. Brookstone Capital Management now owns 6,609 shares of the company’s stock worth $354,000 after acquiring an additional 1,896 shares during the period. CWM LLC raised its holdings in Schwab U.S. TIPS ETF by 13.9% in the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock worth $151,000 after purchasing an additional 344 shares during the period. Simplicity Wealth LLC raised its holdings in Schwab U.S. TIPS ETF by 6.7% in the 3rd quarter. Simplicity Wealth LLC now owns 5,016 shares of the company’s stock worth $269,000 after purchasing an additional 314 shares during the period. Concourse Financial Group Securities Inc. lifted its position in Schwab U.S. TIPS ETF by 132.3% during the third quarter. Concourse Financial Group Securities Inc. now owns 11,127 shares of the company’s stock valued at $597,000 after purchasing an additional 6,338 shares in the last quarter. Finally, ORG Partners LLC grew its holdings in Schwab U.S. TIPS ETF by 6.6% during the third quarter. ORG Partners LLC now owns 8,000 shares of the company’s stock valued at $429,000 after purchasing an additional 494 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP opened at $26.25 on Wednesday. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $26.96. The business has a 50-day simple moving average of $26.02 and a two-hundred day simple moving average of $26.30.

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.