Lederer & Associates Investment Counsel CA boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 100.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 59,886 shares of the company’s stock after acquiring an additional 29,943 shares during the quarter. Lederer & Associates Investment Counsel CA’s holdings in Schwab U.S. TIPS ETF were worth $1,547,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Renaissance Technologies LLC acquired a new stake in Schwab U.S. TIPS ETF in the 2nd quarter worth $943,000. Park Avenue Securities LLC acquired a new stake in Schwab U.S. TIPS ETF in the 3rd quarter worth $476,000. WealthBridge Capital Management LLC acquired a new stake in Schwab U.S. TIPS ETF in the 3rd quarter worth $203,000. FC Advisory LLC grew its position in Schwab U.S. TIPS ETF by 7.4% in the 3rd quarter. FC Advisory LLC now owns 141,937 shares of the company’s stock worth $7,612,000 after purchasing an additional 9,831 shares during the last quarter. Finally, LifeGuide Financial Advisors LLC grew its position in Schwab U.S. TIPS ETF by 8.5% in the 3rd quarter. LifeGuide Financial Advisors LLC now owns 744,292 shares of the company’s stock worth $39,916,000 after purchasing an additional 58,504 shares during the last quarter.
Schwab U.S. TIPS ETF Stock Performance
NYSEARCA SCHP opened at $26.15 on Monday. The company’s fifty day moving average is $26.03 and its two-hundred day moving average is $26.29. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96.
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.
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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
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