J.W. Cole Advisors Inc. Acquires 9,900 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

J.W. Cole Advisors Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 20.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 58,544 shares of the company’s stock after acquiring an additional 9,900 shares during the quarter. J.W. Cole Advisors Inc.’s holdings in Schwab U.S. TIPS ETF were worth $3,056,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SCHP. Resonant Capital Advisors LLC boosted its position in Schwab U.S. TIPS ETF by 4.3% during the fourth quarter. Resonant Capital Advisors LLC now owns 145,626 shares of the company’s stock worth $7,602,000 after purchasing an additional 6,026 shares during the period. Red Tortoise LLC raised its holdings in Schwab U.S. TIPS ETF by 9.2% in the 4th quarter. Red Tortoise LLC now owns 59,681 shares of the company’s stock valued at $3,115,000 after acquiring an additional 5,042 shares during the period. Goodwin Investment Advisory acquired a new stake in Schwab U.S. TIPS ETF during the fourth quarter worth approximately $5,211,000. Alpha Omega Wealth Management LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 1.4% during the fourth quarter. Alpha Omega Wealth Management LLC now owns 64,899 shares of the company’s stock worth $3,388,000 after acquiring an additional 865 shares during the period. Finally, Avior Wealth Management LLC grew its position in shares of Schwab U.S. TIPS ETF by 9.0% in the fourth quarter. Avior Wealth Management LLC now owns 312,378 shares of the company’s stock valued at $16,306,000 after purchasing an additional 25,664 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA:SCHP traded up $0.08 during mid-day trading on Friday, hitting $51.32. 917,144 shares of the stock were exchanged, compared to its average volume of 1,248,149. The firm’s 50-day simple moving average is $51.73 and its 200 day simple moving average is $51.42. Schwab U.S. TIPS ETF has a fifty-two week low of $49.50 and a fifty-two week high of $53.92.

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.