Sen. John Boozman Purchases Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Senator John Boozman (R-Arkansas) recently bought shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP). In a filing disclosed on October 18th, the Senator disclosed that they had bought between $1,001 and $15,000 in Schwab U.S. TIPS ETF stock on September 6th.

Senator John Boozman also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of iShares Russell 2000 ETF (NYSEARCA:IWM) on 10/9/2024.
• Sold $1,001 – $15,000 in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) on 10/6/2024.
• Sold $1,001 – $15,000 in shares of Fiserv (NYSE:FI) on 9/26/2024.
• Sold $1,001 – $15,000 in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) on 9/9/2024.
• Sold $1,001 – $15,000 in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) on 9/9/2024.
• Sold $1,001 – $15,000 in shares of SPDR S&P MidCap 400 ETF Trust (NYSEARCA:MDY) on 9/9/2024.
• Purchased $1,001 – $15,000 in shares of iShares 3-7 Year Treasury Bond ETF (NASDAQ:IEI) on 9/6/2024.
• Purchased $1,001 – $15,000 in shares of iShares Agency Bond ETF (NYSEARCA:AGZ) on 9/6/2024.
• Purchased $1,001 – $15,000 in shares of Janus Henderson Mortgage-Backed Securities ETF (NYSEARCA:JMBS) on 9/6/2024.
• Purchased $1,001 – $15,000 in shares of iShares CMBS ETF (NYSEARCA:CMBS) on 9/6/2024.

Schwab U.S. TIPS ETF Stock Down 0.3 %

Shares of NYSEARCA:SCHP traded down $0.07 during trading on Wednesday, reaching $26.34. The stock had a trading volume of 5,542,970 shares, compared to its average volume of 2,386,156. The firm’s 50-day simple moving average is $48.99 and its 200 day simple moving average is $50.89. Schwab U.S. TIPS ETF has a one year low of $24.92 and a one year high of $26.96.

Hedge Funds Weigh In On Schwab U.S. TIPS ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Silver Oak Securities Incorporated lifted its stake in shares of Schwab U.S. TIPS ETF by 2,393.8% during the third quarter. Silver Oak Securities Incorporated now owns 58,030 shares of the company’s stock worth $3,114,000 after buying an additional 55,703 shares during the period. Financial Architects LLC lifted its position in Schwab U.S. TIPS ETF by 1.2% during the 3rd quarter. Financial Architects LLC now owns 579,153 shares of the company’s stock worth $31,060,000 after acquiring an additional 6,815 shares during the period. Mount Yale Investment Advisors LLC purchased a new stake in Schwab U.S. TIPS ETF during the 3rd quarter valued at about $202,000. Eagle Ridge Investment Management increased its holdings in shares of Schwab U.S. TIPS ETF by 6.4% in the third quarter. Eagle Ridge Investment Management now owns 252,149 shares of the company’s stock valued at $13,523,000 after purchasing an additional 15,149 shares during the period. Finally, CENTRAL TRUST Co raised its stake in shares of Schwab U.S. TIPS ETF by 7.7% in the third quarter. CENTRAL TRUST Co now owns 3,054,602 shares of the company’s stock worth $163,818,000 after purchasing an additional 217,441 shares during the last quarter.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas’ U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman’s academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

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.