Prevail Innovative Wealth Advisors LLC Grows Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Prevail Innovative Wealth Advisors LLC lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 191.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,543 shares of the company’s stock after purchasing an additional 12,837 shares during the period. Prevail Innovative Wealth Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $505,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of SCHP. Fund Evaluation Group LLC increased its stake in shares of Schwab U.S. TIPS ETF by 8.9% in the fourth quarter. Fund Evaluation Group LLC now owns 748,000 shares of the company’s stock worth $19,321,000 after purchasing an additional 61,265 shares in the last quarter. Physician Wealth Advisors Inc. bought a new position in Schwab U.S. TIPS ETF in the 4th quarter worth approximately $151,000. Joseph Group Capital Management grew its stake in Schwab U.S. TIPS ETF by 79.7% in the 4th quarter. Joseph Group Capital Management now owns 904,277 shares of the company’s stock valued at $23,357,000 after buying an additional 401,114 shares in the last quarter. Rock Creek Group LP lifted its position in shares of Schwab U.S. TIPS ETF by 214.7% during the fourth quarter. Rock Creek Group LP now owns 125,943 shares of the company’s stock worth $3,252,000 after acquiring an additional 85,918 shares in the last quarter. Finally, Prime Capital Investment Advisors LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 107.0% in the fourth quarter. Prime Capital Investment Advisors LLC now owns 2,020,567 shares of the company’s stock worth $52,191,000 after acquiring an additional 1,044,236 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.6 %

NYSEARCA:SCHP opened at $26.78 on Monday. The business’s fifty day moving average is $26.38 and its 200 day moving average is $26.32. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week 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.