Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Bought by Kings Path Partners LLC

Kings Path Partners LLC raised its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 102.6% in the 4th quarter, HoldingsChannel reports. The fund owned 125,176 shares of the company’s stock after buying an additional 63,393 shares during the quarter. Schwab U.S. TIPS ETF accounts for approximately 1.4% of Kings Path Partners LLC’s investment portfolio, making the stock its 16th biggest holding. Kings Path Partners LLC’s holdings in Schwab U.S. TIPS ETF were worth $3,233,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Strategic Financial Concepts LLC grew its position in shares of Schwab U.S. TIPS ETF by 5,365.7% in the 2nd quarter. Strategic Financial Concepts LLC now owns 417,250 shares of the company’s stock valued at $21,701,000 after buying an additional 409,616 shares during the last quarter. Koss Olinger Consulting LLC acquired a new stake in shares of Schwab U.S. TIPS ETF during the second quarter worth about $1,896,000. HCR Wealth Advisors lifted its holdings in shares of Schwab U.S. TIPS ETF by 1.9% in the 2nd quarter. HCR Wealth Advisors now owns 118,640 shares of the company’s stock valued at $6,170,000 after purchasing an additional 2,187 shares during the last quarter. Frontier Asset Management LLC boosted its position in shares of Schwab U.S. TIPS ETF by 1.9% in the 2nd quarter. Frontier Asset Management LLC now owns 45,860 shares of the company’s stock valued at $2,385,000 after purchasing an additional 840 shares during the period. Finally, Pinkerton Retirement Specialists LLC grew its stake in Schwab U.S. TIPS ETF by 3.9% during the 2nd quarter. Pinkerton Retirement Specialists LLC now owns 12,259 shares of the company’s stock worth $638,000 after buying an additional 461 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP remained flat at $25.77 on Monday. The company’s stock had a trading volume of 2,370,154 shares, compared to its average volume of 3,112,949. The company’s 50-day moving average is $26.14 and its 200-day moving average is $26.31. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96.

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.