Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Stake Increased by Peak Financial Management Inc.

Peak Financial Management Inc. increased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 103.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 472,233 shares of the company’s stock after acquiring an additional 239,714 shares during the period. Schwab U.S. TIPS ETF makes up approximately 3.7% of Peak Financial Management Inc.’s portfolio, making the stock its 6th biggest holding. Peak Financial Management Inc. owned 0.22% of Schwab U.S. TIPS ETF worth $12,198,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Simplicity Wealth LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 6.7% in the 3rd quarter. Simplicity Wealth LLC now owns 5,016 shares of the company’s stock worth $269,000 after acquiring an additional 314 shares during the period. CWM LLC boosted its position in Schwab U.S. TIPS ETF by 13.9% during the third quarter. CWM LLC now owns 2,810 shares of the company’s stock worth $151,000 after purchasing an additional 344 shares in the last quarter. Pinnacle Bancorp Inc. grew its holdings in Schwab U.S. TIPS ETF by 2.4% in the third quarter. Pinnacle Bancorp Inc. now owns 15,492 shares of the company’s stock valued at $831,000 after purchasing an additional 364 shares during the last quarter. Covestor Ltd increased its position in shares of Schwab U.S. TIPS ETF by 7.4% in the third quarter. Covestor Ltd now owns 5,625 shares of the company’s stock valued at $302,000 after buying an additional 388 shares in the last quarter. Finally, Aptus Capital Advisors LLC raised its stake in shares of Schwab U.S. TIPS ETF by 8.9% during 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.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $26.00 on Monday. The company’s 50-day moving average price is $26.03 and its 200 day moving average price is $26.30. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week 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.