Global Retirement Partners LLC increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 2.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,827 shares of the company’s stock after purchasing an additional 409 shares during the period. Global Retirement Partners LLC’s holdings in Schwab U.S. TIPS ETF were worth $538,000 at the end of the most recent quarter.
A number of other institutional investors also recently bought and sold shares of SCHP. Raymond James & Associates raised its position in shares of Schwab U.S. TIPS ETF by 48.8% during the 3rd quarter. Raymond James & Associates now owns 126,739 shares of the company’s stock valued at $6,797,000 after buying an additional 41,577 shares during the period. Mount Yale Investment Advisors LLC acquired a new stake in Schwab U.S. TIPS ETF during the third quarter worth $202,000. NorthCrest Asset Manangement LLC purchased a new stake in Schwab U.S. TIPS ETF in the third quarter valued at $223,000. Kavar Capital Partners Group LLC acquired a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at $323,000. Finally, J.W. Cole Advisors Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 3.8% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 34,188 shares of the company’s stock worth $1,833,000 after purchasing an additional 1,250 shares during the period.
Schwab U.S. TIPS ETF Stock Performance
Shares of SCHP opened at $26.39 on Monday. The company’s 50-day moving average price is $26.01 and its 200 day moving average price is $26.30. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month 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.
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