TD Private Client Wealth LLC Grows Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

TD Private Client Wealth LLC grew its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 105.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,800 shares of the company’s stock after purchasing an additional 7,093 shares during the period. TD Private Client Wealth LLC’s holdings in Schwab U.S. TIPS ETF were worth $356,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB purchased a new stake in Schwab U.S. TIPS ETF during the 3rd quarter worth approximately $483,000. Brookstone Capital Management grew its holdings in shares of Schwab U.S. TIPS ETF by 161.2% during the fourth quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock valued at $446,000 after buying an additional 10,651 shares during the last quarter. Allworth Financial LP increased its position in shares of Schwab U.S. TIPS ETF by 820.4% in the 4th quarter. Allworth Financial LP now owns 17,976 shares of the company’s stock valued at $466,000 after acquiring an additional 16,023 shares during the period. Barrett & Company Inc. raised its stake in Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Barrett & Company Inc. now owns 14,702 shares of the company’s stock worth $380,000 after acquiring an additional 7,351 shares during the last quarter. Finally, Independent Advisor Alliance acquired a new stake in Schwab U.S. TIPS ETF during the 4th quarter worth about $376,000.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP stock opened at $26.56 on Tuesday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96. The stock’s 50-day simple moving average is $26.32 and its 200-day simple moving average is $26.32.

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.