10,882 Shares in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Purchased by North Forty Two & Co.

North Forty Two & Co. acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 10,882 shares of the company’s stock, valued at approximately $281,000.

A number of other institutional investors have also recently added to or reduced their stakes in SCHP. Coastwise Capital Group LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 7.2% in the third quarter. Coastwise Capital Group LLC now owns 6,037 shares of the company’s stock valued at $324,000 after purchasing an additional 408 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 2.0% in the fourth quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock valued at $538,000 after purchasing an additional 409 shares in the last quarter. Bakala Capital LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 3.0% in the third quarter. Bakala Capital LLC now owns 14,993 shares of the company’s stock valued at $804,000 after purchasing an additional 430 shares in the last quarter. Passive Capital Management LLC. lifted its holdings in shares of Schwab U.S. TIPS ETF by 1.3% in the third quarter. Passive Capital Management LLC. now owns 38,687 shares of the company’s stock valued at $2,075,000 after purchasing an additional 484 shares in the last quarter. Finally, Salem Investment Counselors Inc. lifted its holdings 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 valued at $27,000 after purchasing an additional 506 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of NYSEARCA SCHP opened at $26.52 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’s 50-day moving average is $26.25 and its two-hundred day moving average is $26.31.

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.