IFP Advisors Inc increased its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 140.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 78,543 shares of the company’s stock after acquiring an additional 45,818 shares during the quarter. IFP Advisors Inc’s holdings in Schwab U.S. TIPS ETF were worth $2,029,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of the company. WealthShield Partners LLC boosted its position in shares of Schwab U.S. TIPS ETF by 757.6% in the fourth quarter. WealthShield Partners LLC now owns 3,233 shares of the company’s stock valued at $84,000 after acquiring an additional 2,856 shares during the period. Midwest Capital Advisors LLC bought a new stake in shares of Schwab U.S. TIPS ETF in the 4th quarter worth approximately $65,000. BCGM Wealth Management LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 106.7% in the 4th quarter. BCGM Wealth Management LLC now owns 94,664 shares of the company’s stock worth $2,445,000 after acquiring an additional 48,860 shares during the last quarter. Golden Bell Financial Planning LLC bought a new stake in shares of Schwab U.S. TIPS ETF in the 4th quarter worth approximately $8,628,000. Finally, MONECO Advisors LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 110.0% in the 4th quarter. MONECO Advisors LLC now owns 9,041 shares of the company’s stock worth $234,000 after acquiring an additional 4,735 shares during the last quarter.
Schwab U.S. TIPS ETF Stock Performance
Shares of SCHP opened at $26.54 on Wednesday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96. The firm has a 50 day moving average price of $26.01 and a 200-day moving average price of $26.30.
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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