Advyzon Investment Management LLC Makes New $529,000 Investment in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Advyzon Investment Management LLC purchased a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 20,487 shares of the company’s stock, valued at approximately $529,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWM LLC increased its stake in Schwab U.S. TIPS ETF by 13.9% during the third quarter. CWM LLC now owns 2,810 shares of the company’s stock worth $151,000 after acquiring an additional 344 shares during the last quarter. Covestor Ltd grew its stake in shares of Schwab U.S. TIPS ETF by 7.4% in the third 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 grew its stake in shares of Schwab U.S. TIPS ETF by 8.9% in the third quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock valued at $256,000 after buying an additional 392 shares in the last quarter. Coastwise Capital Group LLC grew its stake in shares of Schwab U.S. TIPS ETF by 7.2% in the third 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. Finally, Global Retirement Partners LLC grew its stake in shares of Schwab U.S. TIPS ETF by 2.0% in the fourth quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock valued at $538,000 after buying an additional 409 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.2 %

SCHP stock opened at $26.26 on Thursday. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96. The stock has a 50-day simple moving average of $26.00 and a 200-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.