Advisory Services & Investments LLC Grows Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Advisory Services & Investments LLC grew its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 227.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 25,270 shares of the company’s stock after acquiring an additional 17,553 shares during the period. Schwab U.S. TIPS ETF accounts for approximately 1.0% of Advisory Services & Investments LLC’s investment portfolio, making the stock its 17th biggest holding. Advisory Services & Investments LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,319,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Asset Dedication LLC lifted its holdings in Schwab U.S. TIPS ETF by 425.8% in the 3rd quarter. Asset Dedication LLC now owns 510 shares of the company’s stock worth $25,000 after buying an additional 413 shares during the period. Oliver Lagore Vanvalin Investment Group lifted its stake in shares of Schwab U.S. TIPS ETF by 3,229.4% in the 3rd quarter. Oliver Lagore Vanvalin Investment Group now owns 566 shares of the company’s stock valued at $29,000 after purchasing an additional 549 shares during the period. NBC Securities Inc. purchased a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at approximately $31,000. Crewe Advisors LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 295.7% in the 4th quarter. Crewe Advisors LLC now owns 930 shares of the company’s stock valued at $49,000 after purchasing an additional 695 shares during the period. Finally, Clearstead Advisors LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 432.9% in the 3rd quarter. Clearstead Advisors LLC now owns 1,231 shares of the company’s stock valued at $62,000 after purchasing an additional 1,000 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.2 %

Shares of SCHP traded up $0.12 on Friday, reaching $51.33. The stock had a trading volume of 1,513,180 shares, compared to its average volume of 1,242,660. The company has a 50-day simple moving average of $51.71 and a 200-day simple moving average of $51.47. Schwab U.S. TIPS ETF has a 12-month low of $49.50 and a 12-month high of $53.83.

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.