Zhang Financial LLC Increases Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Zhang Financial LLC lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 84.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,282 shares of the company’s stock after buying an additional 7,014 shares during the quarter. Zhang Financial LLC’s holdings in Schwab U.S. TIPS ETF were worth $395,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Salem Investment Counselors Inc. raised its stake 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 buying an additional 506 shares during the last quarter. First Community Trust NA lifted its holdings in shares of 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 valued at $36,000 after purchasing an additional 700 shares in the last quarter. Decker Retirement Planning Inc. purchased a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at about $45,000. Capital Performance Advisors LLP purchased a new stake in Schwab U.S. TIPS ETF during the 3rd quarter valued at $63,000. Finally, Cordant Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 105.2% during the 4th quarter. Cordant Inc. now owns 2,660 shares of the company’s stock valued at $69,000 after purchasing an additional 1,364 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA:SCHP opened at $25.95 on Tuesday. The business has a fifty day moving average price of $26.04 and a 200-day moving average price of $26.30. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96.

Schwab U.S. TIPS ETF Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

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