Mayflower Financial Advisors LLC Buys 3,687 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Mayflower Financial Advisors LLC raised its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 89.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,831 shares of the company’s stock after acquiring an additional 3,687 shares during the period. Mayflower Financial Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $202,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab U.S. TIPS ETF in the 3rd quarter worth about $483,000. Brookstone Capital Management grew its stake in Schwab U.S. TIPS ETF by 161.2% during the fourth quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock worth $446,000 after buying an additional 10,651 shares during the last quarter. Canandaigua National Bank & Trust Co. increased its holdings in shares of Schwab U.S. TIPS ETF by 105.0% during the fourth quarter. Canandaigua National Bank & Trust Co. now owns 12,252 shares of the company’s stock worth $316,000 after buying an additional 6,276 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Schwab U.S. TIPS ETF by 6.3% in the third quarter. Principal Financial Group Inc. now owns 173,650 shares of the company’s stock valued at $9,313,000 after acquiring an additional 10,327 shares during the last quarter. Finally, Perfromance Wealth Partners LLC raised its stake in shares of Schwab U.S. TIPS ETF by 83.5% in the fourth quarter. Perfromance Wealth Partners LLC now owns 153,703 shares of the company’s stock valued at $3,970,000 after acquiring an additional 69,954 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP opened at $26.11 on Thursday. The stock’s 50 day simple moving average is $26.03 and its 200 day simple moving average is $26.30. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year 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.