Avantax Planning Partners Inc. Acquires 84,429 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Avantax Planning Partners Inc. lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 112.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 159,390 shares of the company’s stock after purchasing an additional 84,429 shares during the period. Avantax Planning Partners Inc. owned 0.08% of Schwab U.S. TIPS ETF worth $4,117,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Aptus Capital Advisors LLC grew its position in shares of Schwab U.S. TIPS ETF by 8.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock worth $256,000 after buying an additional 392 shares during the last quarter. Coastwise Capital Group LLC grew its stake in shares of Schwab U.S. TIPS ETF by 7.2% in the 3rd quarter. Coastwise Capital Group LLC now owns 6,037 shares of the company’s stock worth $324,000 after buying an additional 408 shares in the last quarter. Global Retirement Partners LLC grew its holdings in Schwab U.S. TIPS ETF by 2.0% during the 4th quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock valued at $538,000 after purchasing an additional 409 shares during the last quarter. Bakala Capital LLC raised its stake in shares of Schwab U.S. TIPS ETF by 3.0% during the third quarter. Bakala Capital LLC now owns 14,993 shares of the company’s stock valued at $804,000 after acquiring an additional 430 shares in the last quarter. Finally, Passive Capital Management LLC. raised its holdings in Schwab U.S. TIPS ETF by 1.3% in the third quarter. Passive Capital Management LLC. now owns 38,687 shares of the company’s stock worth $2,075,000 after purchasing an additional 484 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of Schwab U.S. TIPS ETF stock opened at $26.60 on Tuesday. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96. The firm has a fifty day moving average price of $26.16 and a 200 day moving average price of $26.32.

Schwab U.S. TIPS ETF 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.