Pinnacle Bancorp Inc. lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 127.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 35,175 shares of the company’s stock after purchasing an additional 19,683 shares during the period. Pinnacle Bancorp Inc.’s holdings in Schwab U.S. TIPS ETF were worth $909,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Salem Investment Counselors Inc. lifted its holdings in Schwab U.S. TIPS ETF by 91.8% during 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. First Community Trust NA raised its position in shares of Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after buying an additional 700 shares in the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Schwab U.S. TIPS ETF during the 3rd quarter valued at $63,000. Pacifica Partners Inc. grew its stake in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Pacifica Partners Inc. now owns 3,076 shares of the company’s stock worth $79,000 after buying an additional 1,538 shares in the last quarter. Finally, Fairscale Capital LLC acquired a new stake in shares of Schwab U.S. TIPS ETF during the 2nd quarter worth approximately $105,000.
Schwab U.S. TIPS ETF Trading Up 0.7 %
Schwab U.S. TIPS ETF stock opened at $25.90 on Thursday. The business’s 50-day moving average price is $26.06 and its two-hundred day moving average price is $26.30. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96.
Schwab U.S. TIPS ETF Company 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.
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