Savant Capital LLC Buys 285,027 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Savant Capital LLC boosted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 89.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 603,311 shares of the company’s stock after acquiring an additional 285,027 shares during the quarter. Savant Capital LLC owned 0.29% of Schwab U.S. TIPS ETF worth $15,584,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brookstone Capital Management boosted its position in shares of Schwab U.S. TIPS ETF by 40.2% during the third quarter. Brookstone Capital Management now owns 6,609 shares of the company’s stock worth $354,000 after buying an additional 1,896 shares during the period. CWM LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 13.9% in the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $151,000 after purchasing an additional 344 shares during the period. Simplicity Wealth LLC lifted its position in shares of Schwab U.S. TIPS ETF by 6.7% in the third quarter. Simplicity Wealth LLC now owns 5,016 shares of the company’s stock valued at $269,000 after buying an additional 314 shares during the last quarter. Kings Path Partners LLC lifted its holdings in Schwab U.S. TIPS ETF by 7.5% during the 3rd quarter. Kings Path Partners LLC now owns 61,783 shares of the company’s stock valued at $3,313,000 after purchasing an additional 4,294 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. lifted its stake in shares of Schwab U.S. TIPS ETF by 132.3% during the 3rd quarter. Concourse Financial Group Securities Inc. now owns 11,127 shares of the company’s stock worth $597,000 after buying an additional 6,338 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA:SCHP opened at $26.25 on Monday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The business has a 50 day moving average of $26.02 and a 200-day moving average 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.