Huntington National Bank Buys 4,861 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Huntington National Bank raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 54.2% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 13,835 shares of the company’s stock after purchasing an additional 4,861 shares during the quarter. Huntington National Bank’s holdings in Schwab U.S. TIPS ETF were worth $357,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHP. Global Retirement Partners LLC boosted its stake in Schwab U.S. TIPS ETF by 2.0% during the fourth quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock worth $538,000 after acquiring an additional 409 shares in the last quarter. Passive Capital Management LLC. boosted its position in shares of Schwab U.S. TIPS ETF by 1.3% during the 3rd quarter. Passive Capital Management LLC. now owns 38,687 shares of the company’s stock worth $2,075,000 after purchasing an additional 484 shares in the last quarter. Salem Investment Counselors Inc. grew its stake 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 buying an additional 506 shares during the period. Community Bank N.A. increased its position in Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock valued at $27,000 after buying an additional 526 shares in the last quarter. Finally, Transcendent Capital Group LLC raised its stake in Schwab U.S. TIPS ETF by 112.1% during the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after buying an additional 554 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP opened at $26.85 on Friday. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $27.06. The business has a 50 day moving average price of $26.47 and a 200-day moving average price of $26.33.

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.