Signet Investment Advisory Group Inc. Has $8.30 Million Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Signet Investment Advisory Group Inc. increased its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 99.6% during the 4th quarter, HoldingsChannel reports. The firm owned 321,275 shares of the company’s stock after buying an additional 160,325 shares during the period. Schwab U.S. TIPS ETF accounts for approximately 4.2% of Signet Investment Advisory Group Inc.’s portfolio, making the stock its 4th largest position. Signet Investment Advisory Group Inc.’s holdings in Schwab U.S. TIPS ETF were worth $8,299,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Salem Investment Counselors Inc. lifted its stake in shares of Schwab U.S. TIPS ETF by 91.8% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after purchasing an additional 506 shares during the last quarter. Independence Bank of Kentucky lifted its position in Schwab U.S. TIPS ETF by 107.0% in the fourth quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock worth $32,000 after buying an additional 642 shares during the last quarter. First Community Trust NA boosted its stake in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after buying an additional 700 shares during the period. S.A. Mason LLC boosted its stake in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock worth $39,000 after buying an additional 760 shares during the period. Finally, Decker Retirement Planning Inc. bought a new position in Schwab U.S. TIPS ETF during the fourth quarter valued at $45,000.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.25 on Wednesday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The firm has a 50-day moving average price of $26.02 and a 200-day moving average price 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.