Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Bought by Fi3 FINANCIAL ADVISORS LLC

Fi3 FINANCIAL ADVISORS LLC grew its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 85.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 233,975 shares of the company’s stock after purchasing an additional 107,750 shares during the period. Schwab U.S. TIPS ETF makes up 2.3% of Fi3 FINANCIAL ADVISORS LLC’s investment portfolio, making the stock its 9th largest position. Fi3 FINANCIAL ADVISORS LLC’s holdings in Schwab U.S. TIPS ETF were worth $6,044,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Coastwise Capital Group LLC increased its holdings in Schwab U.S. TIPS ETF by 7.2% in the 3rd quarter. Coastwise Capital Group LLC now owns 6,037 shares of the company’s stock valued at $324,000 after purchasing an additional 408 shares during the last quarter. Global Retirement Partners LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 2.0% in the 4th quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock valued at $538,000 after buying an additional 409 shares during the period. Bakala Capital LLC lifted its stake in Schwab U.S. TIPS ETF by 3.0% during the 3rd quarter. Bakala Capital LLC now owns 14,993 shares of the company’s stock worth $804,000 after acquiring an additional 430 shares in the last quarter. Passive Capital Management LLC. boosted its holdings in Schwab U.S. TIPS ETF by 1.3% during the 3rd quarter. Passive Capital Management LLC. now owns 38,687 shares of the company’s stock valued at $2,075,000 after acquiring an additional 484 shares during the period. Finally, Salem Investment Counselors Inc. grew its position in 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 valued at $27,000 after acquiring an additional 506 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA SCHP opened at $26.66 on Friday. The firm has a 50 day simple moving average of $26.30 and a 200-day simple moving average of $26.32. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96.

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.