Atomi Financial Group Inc. Raises Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Atomi Financial Group Inc. boosted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 113.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 45,371 shares of the company’s stock after purchasing an additional 24,143 shares during the period. Atomi Financial Group Inc.’s holdings in Schwab U.S. TIPS ETF were worth $1,172,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in SCHP. Salem Investment Counselors Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after acquiring an additional 506 shares during the period. First Community Trust NA grew its stake in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after purchasing an additional 700 shares during the period. Decker Retirement Planning Inc. purchased a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at about $45,000. Capital Performance Advisors LLP bought a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter worth approximately $63,000. Finally, Cordant Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 105.2% in the fourth quarter. Cordant Inc. now owns 2,660 shares of the company’s stock worth $69,000 after buying an additional 1,364 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of SCHP stock opened at $25.97 on Wednesday. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $26.96. The company has a 50 day simple moving average of $26.04 and a two-hundred day simple moving average of $26.30.

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.