Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Bought by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. grew its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 89.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 316,547 shares of the company’s stock after buying an additional 149,525 shares during the quarter. Schwab U.S. TIPS ETF accounts for 0.8% of Transamerica Financial Advisors Inc.’s holdings, making the stock its 23rd largest holding. Transamerica Financial Advisors Inc. owned approximately 0.15% of Schwab U.S. TIPS ETF worth $8,177,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Maridea Wealth Management LLC acquired a new position in Schwab U.S. TIPS ETF in the 4th quarter valued at about $1,095,000. Orion Portfolio Solutions LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 128.4% in the fourth quarter. Orion Portfolio Solutions LLC now owns 42,496 shares of the company’s stock valued at $1,098,000 after purchasing an additional 23,891 shares in the last quarter. Duff & Phelps Investment Management Co. increased its stake in Schwab U.S. TIPS ETF by 40.9% during the 4th quarter. Duff & Phelps Investment Management Co. now owns 9,300 shares of the company’s stock worth $240,000 after buying an additional 2,700 shares during the period. Blair William & Co. IL lifted its holdings in Schwab U.S. TIPS ETF by 89.5% during the 4th quarter. Blair William & Co. IL now owns 13,434 shares of the company’s stock worth $347,000 after buying an additional 6,344 shares in the last quarter. Finally, Howe & Rusling Inc. boosted its position in Schwab U.S. TIPS ETF by 544.2% in the 4th quarter. Howe & Rusling Inc. now owns 2,680 shares of the company’s stock valued at $69,000 after buying an additional 2,264 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.6 %

Schwab U.S. TIPS ETF stock opened at $26.78 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96. The stock’s fifty day simple moving average is $26.38 and its 200-day simple moving average is $26.32.

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.