Kings Path Partners LLC Increases Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Kings Path Partners LLC raised its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 102.6% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 125,176 shares of the company’s stock after buying an additional 63,393 shares during the quarter. Schwab U.S. TIPS ETF makes up approximately 1.4% of Kings Path Partners LLC’s investment portfolio, making the stock its 16th largest position. Kings Path Partners LLC owned about 0.06% of Schwab U.S. TIPS ETF worth $3,233,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Capital Performance Advisors LLP purchased a new stake in shares of Schwab U.S. TIPS ETF in the third quarter valued at about $63,000. Fairscale Capital LLC purchased a new stake in shares of Schwab U.S. TIPS ETF in the 2nd quarter valued at approximately $105,000. CWM LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 13.9% during the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock worth $151,000 after buying an additional 344 shares during the last quarter. Cannon Financial Strategists Inc. purchased a new stake in shares of Schwab U.S. TIPS ETF during the 3rd quarter valued at approximately $200,000. Finally, Mount Yale Investment Advisors LLC acquired a new position in Schwab U.S. TIPS ETF in the third quarter valued at approximately $202,000.

Schwab U.S. TIPS ETF Price Performance

SCHP stock remained flat at $25.77 during midday trading on Monday. The company’s stock had a trading volume of 2,370,154 shares, compared to its average volume of 3,112,949. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96. The company’s fifty day simple moving average is $26.14 and its 200-day simple moving average is $26.31.

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.