Schwab U.S. TIPS ETF (NYSEARCA:SCHP) is Wooster Corthell Wealth Management Inc.’s 7th Largest Position

Wooster Corthell Wealth Management Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 112.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 810,251 shares of the company’s stock after acquiring an additional 428,070 shares during the period. Schwab U.S. TIPS ETF makes up 4.6% of Wooster Corthell Wealth Management Inc.’s investment portfolio, making the stock its 7th largest position. Wooster Corthell Wealth Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $20,929,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of SCHP. Salem Investment Counselors Inc. increased its position in Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after buying an additional 506 shares during the last quarter. First Community Trust NA increased its position in Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after buying an additional 700 shares during the last quarter. Decker Retirement Planning Inc. bought a new position in shares of Schwab U.S. TIPS ETF in the fourth quarter worth $45,000. Capital Performance Advisors LLP bought a new position in shares of Schwab U.S. TIPS ETF in the third quarter worth $63,000. Finally, Cordant Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 105.2% in the fourth quarter. Cordant Inc. now owns 2,660 shares of the company’s stock worth $69,000 after acquiring an additional 1,364 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Schwab U.S. TIPS ETF stock opened at $25.95 on Monday. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96. The business has a fifty day moving average price of $26.05 and a 200-day moving average price of $26.30.

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.