Kades & Cheifetz LLC Has $2.67 Million Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Kades & Cheifetz LLC boosted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 214.1% in the fourth quarter, Holdings Channel.com reports. The fund owned 103,539 shares of the company’s stock after buying an additional 70,577 shares during the quarter. Schwab U.S. TIPS ETF comprises 1.4% of Kades & Cheifetz LLC’s holdings, making the stock its 22nd largest holding. Kades & Cheifetz LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,674,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 24.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,467,323 shares of the company’s stock valued at $76,315,000 after buying an additional 290,069 shares during the period. Clear Investment Research LLC lifted its position in Schwab U.S. TIPS ETF by 42.7% during the 2nd quarter. Clear Investment Research LLC now owns 19,086 shares of the company’s stock worth $993,000 after buying an additional 5,715 shares in the last quarter. SigFig Wealth Management LLC lifted its position in Schwab U.S. TIPS ETF by 6.5% during the 2nd quarter. SigFig Wealth Management LLC now owns 22,765 shares of the company’s stock worth $1,184,000 after buying an additional 1,399 shares in the last quarter. Renaissance Technologies LLC bought a new stake in Schwab U.S. TIPS ETF during the 2nd quarter worth about $943,000. Finally, Marshall Financial Group Inc. ADV lifted its position in Schwab U.S. TIPS ETF by 0.7% during the 2nd quarter. Marshall Financial Group Inc. ADV now owns 399,730 shares of the company’s stock worth $20,790,000 after buying an additional 2,809 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.1 %

NYSEARCA:SCHP traded up $0.02 on Monday, hitting $25.71. 3,631,181 shares of the company’s stock were exchanged, compared to its average volume of 3,917,927. The firm has a 50-day moving average price of $26.09 and a 200-day moving average price of $26.30. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $26.96.

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.