Kingsview Wealth Management LLC Raises Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Kingsview Wealth Management LLC boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 98.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 67,152 shares of the company’s stock after buying an additional 33,267 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,735,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. increased its position in shares of Schwab U.S. TIPS ETF by 91.8% in the 4th 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 during the last quarter. Capital Performance Advisors LLP purchased a new stake in Schwab U.S. TIPS ETF during the 3rd quarter worth about $63,000. Independence Bank of Kentucky boosted its position in shares of Schwab U.S. TIPS ETF by 107.0% during the 4th quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock worth $32,000 after acquiring an additional 642 shares in the last quarter. First Community Trust NA increased its holdings in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after acquiring an additional 700 shares during the last quarter. Finally, S.A. Mason LLC raised its position in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock worth $39,000 after acquiring an additional 760 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.0 %

Shares of SCHP opened at $26.26 on Tuesday. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96. The stock has a 50 day moving average price of $26.02 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.