BlueSky Wealth Advisors LLC raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 100.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,324,272 shares of the company’s stock after purchasing an additional 662,994 shares during the period. Schwab U.S. TIPS ETF comprises 5.3% of BlueSky Wealth Advisors LLC’s portfolio, making the stock its 4th biggest position. BlueSky Wealth Advisors LLC owned 0.63% of Schwab U.S. TIPS ETF worth $34,206,000 at the end of the most recent reporting period.
Other hedge funds have also made changes to their positions in the company. Salem Investment Counselors Inc. raised its holdings in Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after purchasing an additional 506 shares in the last quarter. Capital Performance Advisors LLP acquired a new position in shares of Schwab U.S. TIPS ETF during the third quarter worth $63,000. First Community Trust NA boosted its position in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after purchasing an additional 700 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in Schwab U.S. TIPS ETF during the 4th quarter worth $45,000. Finally, Fairscale Capital LLC acquired a new position in Schwab U.S. TIPS ETF during the 2nd quarter valued at about $105,000.
Schwab U.S. TIPS ETF Stock Performance
Shares of SCHP stock opened at $25.95 on Monday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96. The stock’s 50-day simple moving average is $26.05 and its 200-day simple moving average is $26.30.
About Schwab U.S. TIPS ETF
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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