Walker Asset Management LLC Has $285,000 Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Walker Asset Management LLC boosted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 14.7% in the fourth quarter, HoldingsChannel reports. The fund owned 11,024 shares of the company’s stock after buying an additional 1,412 shares during the quarter. Walker Asset Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $285,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of SCHP. Salem Investment Counselors Inc. lifted its position 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 purchasing an additional 506 shares in the last quarter. First Community Trust NA lifted its position in Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after buying an additional 700 shares in the last quarter. Decker Retirement Planning Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at $45,000. Capital Performance Advisors LLP purchased a new position in shares of Schwab U.S. TIPS ETF during the 3rd quarter valued at $63,000. Finally, Cordant Inc. increased its stake 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 acquiring an additional 1,364 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.1 %

Shares of NYSEARCA:SCHP opened at $25.95 on Friday. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96. The business has a fifty day simple moving average of $26.05 and a 200 day simple moving average of $26.29.

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.