Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Acquired by Gray Wealth Management Inc.

Gray Wealth Management Inc. raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 258.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 22,207 shares of the company’s stock after purchasing an additional 16,015 shares during the period. Gray Wealth Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $574,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Principal Financial Group Inc. grew its holdings in Schwab U.S. TIPS ETF by 6.3% in the 3rd quarter. Principal Financial Group Inc. now owns 173,650 shares of the company’s stock worth $9,313,000 after buying an additional 10,327 shares in the last quarter. Aptus Capital Advisors LLC grew its position in 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 valued at $256,000 after buying an additional 392 shares in the last quarter. OneDigital Investment Advisors LLC increased its stake in Schwab U.S. TIPS ETF by 91.1% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 26,241 shares of the company’s stock valued at $1,407,000 after buying an additional 12,506 shares during the period. CIBC Asset Management Inc acquired a new position in Schwab U.S. TIPS ETF during the 3rd quarter valued at about $550,000. Finally, Empowered Funds LLC raised its position in shares of Schwab U.S. TIPS ETF by 343.5% during the 3rd quarter. Empowered Funds LLC now owns 136,827 shares of the company’s stock worth $7,323,000 after buying an additional 105,975 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.3 %

Schwab U.S. TIPS ETF stock opened at $26.46 on Monday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The firm has a 50 day simple moving average of $26.22 and a 200-day simple moving average of $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.