Silver Oak Securities Incorporated Grows Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Silver Oak Securities Incorporated increased its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 78.3% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 103,461 shares of the company’s stock after buying an additional 45,431 shares during the quarter. Silver Oak Securities Incorporated’s holdings in Schwab U.S. TIPS ETF were worth $2,672,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Salem Investment Counselors Inc. boosted its stake in shares of Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after acquiring an additional 506 shares during the period. Capital Performance Advisors LLP bought a new position in Schwab U.S. TIPS ETF in the 3rd quarter worth approximately $63,000. Independence Bank of Kentucky grew its holdings in Schwab U.S. TIPS ETF by 107.0% during the 4th quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock valued at $32,000 after buying an additional 642 shares in the last quarter. First Community Trust NA grew its holdings in Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after buying an additional 700 shares in the last quarter. Finally, S.A. Mason LLC raised its position in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock valued at $39,000 after buying an additional 760 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA:SCHP opened at $26.36 on Thursday. The firm has a fifty day moving average price of $26.02 and a 200 day moving average price of $26.30. 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.