Walkner Condon Financial Advisors LLC Raises Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Walkner Condon Financial Advisors LLC raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 85.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 25,439 shares of the company’s stock after purchasing an additional 11,744 shares during the quarter. Walkner Condon Financial Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $657,000 at the end of the most recent reporting period.

Other institutional investors have also recently modified their holdings of the company. Salem Investment Counselors Inc. lifted its position in Schwab U.S. TIPS ETF by 91.8% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after purchasing an additional 506 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at about $63,000. Independence Bank of Kentucky lifted its holdings in shares of Schwab U.S. TIPS ETF by 107.0% in 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 during the period. Pathway Financial Advisers LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 101.9% in the fourth quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock worth $34,000 after buying an additional 655 shares during the last quarter. Finally, First Community Trust NA grew its holdings in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after acquiring an additional 700 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.5 %

Shares of SCHP stock opened at $26.25 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96. The stock has a 50 day moving average of $26.01 and a 200 day moving average of $26.30.

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.