Soltis Investment Advisors LLC Buys 2,281 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Soltis Investment Advisors LLC boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.2% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,853 shares of the company’s stock after purchasing an additional 2,281 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,027,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the stock. Summit Trail Advisors LLC boosted its holdings in Schwab U.S. TIPS ETF by 23.3% in the fourth quarter. Summit Trail Advisors LLC now owns 173,898 shares of the company’s stock worth $9,077,000 after acquiring an additional 32,909 shares in the last quarter. Savvy Advisors Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF during the fourth quarter worth about $893,000. BlueSky Wealth Advisors LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 2.2% during the fourth quarter. BlueSky Wealth Advisors LLC now owns 601,327 shares of the company’s stock worth $31,389,000 after purchasing an additional 12,684 shares during the period. Goodwin Investment Advisory acquired a new stake in shares of Schwab U.S. TIPS ETF during the fourth quarter worth about $5,211,000. Finally, Kovitz Investment Group Partners LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 9.6% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 43,791 shares of the company’s stock worth $2,286,000 after purchasing an additional 3,845 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.5 %

Shares of Schwab U.S. TIPS ETF stock traded up $0.25 on Friday, reaching $52.81. 1,505,860 shares of the stock were exchanged, compared to its average volume of 1,225,814. Schwab U.S. TIPS ETF has a twelve month low of $49.50 and a twelve month high of $52.88. The business has a 50 day moving average price of $52.09 and a two-hundred day moving average price of $51.85.

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.