Capital Investment Advisory Services LLC Buys 2,430 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Capital Investment Advisory Services LLC grew its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 208.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,593 shares of the company’s stock after purchasing an additional 2,430 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in Schwab U.S. TIPS ETF were worth $93,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Renaissance Technologies LLC acquired a new position in Schwab U.S. TIPS ETF in the second quarter valued at $943,000. EP Wealth Advisors LLC acquired a new position in shares of Schwab U.S. TIPS ETF in the 2nd quarter valued at about $203,000. Sanctuary Advisors LLC bought a new stake in shares of Schwab U.S. TIPS ETF during the 2nd quarter valued at about $6,904,000. Park Avenue Securities LLC acquired a new stake in Schwab U.S. TIPS ETF during the third quarter worth approximately $476,000. Finally, WealthBridge Capital Management LLC bought a new stake in Schwab U.S. TIPS ETF in the third quarter worth approximately $203,000.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $26.15 on Friday. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96. The business’s 50 day moving average price is $26.03 and its two-hundred day moving average price is $26.29.

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.