Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Acquired by Fifth Third Securities Inc.

Fifth Third Securities Inc. grew its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 518.9% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 137,303 shares of the company’s stock after buying an additional 115,119 shares during the period. Fifth Third Securities Inc. owned 0.07% of Schwab U.S. TIPS ETF worth $3,547,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the business. Simplicity Wealth LLC raised its position in shares of Schwab U.S. TIPS ETF by 6.7% in the third quarter. Simplicity Wealth LLC now owns 5,016 shares of the company’s stock valued at $269,000 after buying an additional 314 shares during the last quarter. CWM LLC raised its position in shares of Schwab U.S. TIPS ETF by 13.9% in the third quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $151,000 after buying an additional 344 shares during the last quarter. Pinnacle Bancorp Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 2.4% in the third quarter. Pinnacle Bancorp Inc. now owns 15,492 shares of the company’s stock valued at $831,000 after purchasing an additional 364 shares during the period. Covestor Ltd grew its holdings in shares of Schwab U.S. TIPS ETF by 7.4% in the third quarter. Covestor Ltd now owns 5,625 shares of the company’s stock valued at $302,000 after purchasing an additional 388 shares during the period. Finally, Aptus Capital Advisors LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 8.9% in the third quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock valued at $256,000 after purchasing an additional 392 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $26.13 on Friday. 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 $26.03 and a 200 day moving average price of $26.30.

About Schwab U.S. TIPS ETF

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.