Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Position Increased by Fund Evaluation Group LLC

Fund Evaluation Group LLC raised its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 8.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 748,000 shares of the company’s stock after acquiring an additional 61,265 shares during the quarter. Schwab U.S. TIPS ETF makes up about 0.9% of Fund Evaluation Group LLC’s holdings, making the stock its 10th biggest holding. Fund Evaluation Group LLC owned about 0.35% of Schwab U.S. TIPS ETF worth $19,321,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. lifted its position in shares of 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 worth $27,000 after purchasing an additional 506 shares during the last quarter. Transcendent Capital Group LLC raised its stake in Schwab U.S. TIPS ETF by 112.1% in the fourth quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock valued at $27,000 after buying an additional 554 shares in the last quarter. Community Bank N.A. lifted its holdings in Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock worth $27,000 after buying an additional 526 shares during the last quarter. Blue Bell Private Wealth Management LLC boosted its position in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock worth $29,000 after acquiring an additional 564 shares in the last quarter. Finally, Lindbrook Capital LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 24,260.0% in the 4th quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock valued at $31,000 after acquiring an additional 1,213 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $26.78 on Friday. The stock’s 50-day simple moving average is $26.38 and its 200-day simple moving average is $26.32. 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 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.