Choreo LLC Raises Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Choreo LLC grew its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 49.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 57,455 shares of the company’s stock after purchasing an additional 18,909 shares during the period. Choreo LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,484,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Simplicity Wealth LLC increased its stake in Schwab U.S. TIPS ETF by 6.7% during the third quarter. Simplicity Wealth LLC now owns 5,016 shares of the company’s stock worth $269,000 after purchasing an additional 314 shares during the period. CWM LLC increased its stake in shares of Schwab U.S. TIPS ETF by 13.9% during the third quarter. CWM LLC now owns 2,810 shares of the company’s stock worth $151,000 after buying an additional 344 shares during the period. Pinnacle Bancorp Inc. increased its stake in shares of Schwab U.S. TIPS ETF by 2.4% during the third quarter. Pinnacle Bancorp Inc. now owns 15,492 shares of the company’s stock worth $831,000 after buying an additional 364 shares during the period. Covestor Ltd increased its stake in shares of Schwab U.S. TIPS ETF by 7.4% during the third quarter. Covestor Ltd now owns 5,625 shares of the company’s stock worth $302,000 after buying an additional 388 shares during the period. Finally, Aptus Capital Advisors LLC increased its stake in shares of Schwab U.S. TIPS ETF by 8.9% during the third quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock worth $256,000 after buying an additional 392 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock opened at $26.25 on Friday. The company’s 50 day moving average price is $26.02 and its 200 day moving average price is $26.30. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96.

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.