Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Acquired by Blume Capital Management Inc.

Blume Capital Management Inc. grew its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,000 shares of the company’s stock after purchasing an additional 4,000 shares during the period. Blume Capital Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $207,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the business. Municipal Employees Retirement System of Michigan purchased a new position in Schwab U.S. TIPS ETF in the fourth quarter worth $402,061,000. Commonwealth Equity Services LLC grew its stake in shares of Schwab U.S. TIPS ETF by 86.6% during the 4th quarter. Commonwealth Equity Services LLC now owns 88,511 shares of the company’s stock worth $2,286,000 after purchasing an additional 41,069 shares during the period. Phillips Financial Management LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 181.6% in the 4th quarter. Phillips Financial Management LLC now owns 87,330 shares of the company’s stock valued at $2,256,000 after purchasing an additional 56,317 shares in the last quarter. Avantax Advisory Services Inc. boosted its holdings in Schwab U.S. TIPS ETF by 60.5% during the fourth quarter. Avantax Advisory Services Inc. now owns 211,670 shares of the company’s stock worth $5,467,000 after buying an additional 79,793 shares in the last quarter. Finally, Farther Finance Advisors LLC boosted its holdings in Schwab U.S. TIPS ETF by 116.9% during the fourth quarter. Farther Finance Advisors LLC now owns 16,614 shares of the company’s stock worth $429,000 after buying an additional 8,954 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of Schwab U.S. TIPS ETF stock opened at $26.54 on Friday. The company has a 50-day moving average of $26.20 and a two-hundred day moving average of $26.32. 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 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.