Client 1ST Advisory Group LLC Purchases Shares of 10,546 Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Client 1ST Advisory Group LLC 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 disclosure with the SEC. The firm acquired 10,546 shares of the company’s stock, valued at approximately $272,000.

Several other institutional investors have also recently made changes to their positions in SCHP. Salem Investment Counselors Inc. grew its position in Schwab U.S. TIPS ETF by 91.8% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after buying an additional 506 shares during the period. First Community Trust NA boosted its stake in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after acquiring an additional 700 shares in the last quarter. Decker Retirement Planning Inc. purchased a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter worth about $45,000. Capital Performance Advisors LLP purchased a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at about $63,000. Finally, Cordant Inc. raised its holdings in Schwab U.S. TIPS ETF by 105.2% in the 4th quarter. Cordant Inc. now owns 2,660 shares of the company’s stock worth $69,000 after purchasing an additional 1,364 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.1 %

NYSEARCA SCHP opened at $25.95 on Monday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96. The stock has a 50-day moving average of $26.05 and a 200 day moving average 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.