Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Stock Position Raised by Seed Wealth Management Inc.

Seed Wealth Management Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 159.6% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 171,420 shares of the company’s stock after buying an additional 105,400 shares during the period. Schwab U.S. TIPS ETF comprises 3.6% of Seed Wealth Management Inc.’s investment portfolio, making the stock its 4th biggest holding. Seed Wealth Management Inc. owned approximately 0.08% of Schwab U.S. TIPS ETF worth $4,428,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of SCHP. Salem Investment Counselors Inc. grew 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 worth $27,000 after buying an additional 506 shares during the period. Capital Performance Advisors LLP purchased a new stake in shares of Schwab U.S. TIPS ETF during the 3rd quarter worth approximately $63,000. Fairscale Capital LLC acquired a new stake in shares of Schwab U.S. TIPS ETF in the 2nd quarter worth approximately $105,000. CWM LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 13.9% in the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock worth $151,000 after acquiring an additional 344 shares during the period. Finally, Cannon Financial Strategists Inc. purchased a new position in Schwab U.S. TIPS ETF in the 3rd quarter valued at approximately $200,000.

Schwab U.S. TIPS ETF Trading Up 0.1 %

SCHP opened at $25.72 on Tuesday. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96. The business’s fifty day moving average is $26.08 and its two-hundred day moving average is $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.