Wilmington Savings Fund Society FSB Raises Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Wilmington Savings Fund Society FSB increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,000 shares of the company’s stock after buying an additional 9,000 shares during the period. Wilmington Savings Fund Society FSB’s holdings in Schwab U.S. TIPS ETF were worth $465,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHP. Simplicity Wealth LLC increased 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 acquiring an additional 314 shares during the last quarter. CWM LLC raised its position in shares of Schwab U.S. TIPS ETF by 13.9% in the third 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. Covestor Ltd lifted its stake 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 buying an additional 388 shares in the last quarter. Aptus Capital Advisors LLC boosted its holdings in Schwab U.S. TIPS ETF by 8.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock worth $256,000 after buying an additional 392 shares during the period. Finally, Coastwise Capital Group LLC grew its stake in Schwab U.S. TIPS ETF by 7.2% in the 3rd quarter. Coastwise Capital Group LLC now owns 6,037 shares of the company’s stock valued at $324,000 after buying an additional 408 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP stock opened at $26.25 on Wednesday. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96. The company’s fifty day simple moving average is $26.02 and its two-hundred day simple moving average is $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.