Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Stock Position Increased by Brightwater Advisory LLC

Brightwater Advisory LLC grew its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 107.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 346,790 shares of the company’s stock after purchasing an additional 179,287 shares during the period. Schwab U.S. TIPS ETF makes up approximately 7.0% of Brightwater Advisory LLC’s investment portfolio, making the stock its 2nd biggest position. Brightwater Advisory LLC owned 0.16% of Schwab U.S. TIPS ETF worth $8,958,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in SCHP. Covestor Ltd raised its stake in Schwab U.S. TIPS ETF by 7.4% during the third quarter. Covestor Ltd now owns 5,625 shares of the company’s stock valued at $302,000 after purchasing an additional 388 shares in the last quarter. Aptus Capital Advisors LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 8.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock worth $256,000 after buying an additional 392 shares during the last quarter. Coastwise Capital Group LLC raised its position in shares of Schwab U.S. TIPS ETF by 7.2% during the 3rd quarter. Coastwise Capital Group LLC now owns 6,037 shares of the company’s stock valued at $324,000 after buying an additional 408 shares in the last quarter. Global Retirement Partners LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 2.0% in the 4th quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock valued at $538,000 after acquiring an additional 409 shares during the last quarter. Finally, Bakala Capital LLC grew its position in Schwab U.S. TIPS ETF by 3.0% in the third quarter. Bakala Capital LLC now owns 14,993 shares of the company’s stock worth $804,000 after acquiring an additional 430 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $26.54 on Wednesday. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96. The business’s 50 day moving average is $26.02 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.