Stewardship Advisors LLC grew its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 158.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,664 shares of the company’s stock after purchasing an additional 9,607 shares during the quarter. Stewardship Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $405,000 at the end of the most recent reporting period.
Other hedge funds also recently modified their holdings of the company. Salem Investment Counselors Inc. boosted its holdings in Schwab U.S. TIPS ETF by 91.8% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after purchasing an additional 506 shares during the last quarter. Capital Performance Advisors LLP purchased a new position in Schwab U.S. TIPS ETF in the third quarter worth $63,000. First Community Trust NA increased its position 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 last quarter. Decker Retirement Planning Inc. bought a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter worth $45,000. Finally, Pflug Koory LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 100.2% in the 4th quarter. Pflug Koory LLC now owns 1,858 shares of the company’s stock worth $48,000 after buying an additional 930 shares during the last quarter.
Schwab U.S. TIPS ETF Stock Performance
NYSEARCA SCHP opened at $26.00 on Friday. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96. The company has a 50-day simple moving average of $26.03 and a 200 day simple moving average 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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