Panoramic Investment Advisors LLC Purchases 11,467 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Panoramic Investment Advisors LLC grew its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 91.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,984 shares of the company’s stock after buying an additional 11,467 shares during the period. Panoramic Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $620,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Renaissance Technologies LLC acquired a new stake in Schwab U.S. TIPS ETF in the 2nd quarter worth about $943,000. Park Avenue Securities LLC bought a new position in shares of Schwab U.S. TIPS ETF during the third quarter worth approximately $476,000. WealthBridge Capital Management LLC bought a new position in shares of Schwab U.S. TIPS ETF during the third quarter worth approximately $203,000. FC Advisory LLC raised its position in shares of Schwab U.S. TIPS ETF by 7.4% in the third quarter. FC Advisory LLC now owns 141,937 shares of the company’s stock valued at $7,612,000 after buying an additional 9,831 shares in the last quarter. Finally, LifeGuide Financial Advisors LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 8.5% in the third quarter. LifeGuide Financial Advisors LLC now owns 744,292 shares of the company’s stock valued at $39,916,000 after buying an additional 58,504 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.15 on Monday. The stock’s fifty day moving average price is $26.03 and its two-hundred day moving average price is $26.29. 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.