Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Acquired by Farther Finance Advisors LLC

Farther Finance Advisors LLC grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 116.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,614 shares of the company’s stock after acquiring an additional 8,954 shares during the period. Farther Finance Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $429,000 at the end of the most recent quarter.

Other hedge funds 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% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after buying an additional 506 shares during the last quarter. Transcendent Capital Group LLC lifted its stake in Schwab U.S. TIPS ETF by 112.1% during the fourth quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock valued at $27,000 after purchasing an additional 554 shares during the last quarter. Blue Bell Private Wealth Management LLC lifted its stake in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock valued at $29,000 after purchasing an additional 564 shares during the last quarter. Lindbrook Capital LLC lifted its stake in Schwab U.S. TIPS ETF by 24,260.0% during the fourth quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock valued at $31,000 after purchasing an additional 1,213 shares during the last quarter. Finally, Independence Bank of Kentucky raised its holdings in shares of Schwab U.S. TIPS ETF by 107.0% during the fourth quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock valued at $32,000 after acquiring an additional 642 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock opened at $26.46 on Monday. The company’s 50 day simple moving average is $26.22 and its 200-day simple moving average is $26.31. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-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.