Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. increased its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 205.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 148,211 shares of the company’s stock after acquiring an additional 99,750 shares during the quarter. Stratos Wealth Partners LTD. owned approximately 0.07% of Schwab U.S. TIPS ETF worth $3,828,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Salem Investment Counselors Inc. raised its holdings in shares of 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 valued at $27,000 after buying an additional 506 shares during the last quarter. Independence Bank of Kentucky raised its stake in Schwab U.S. TIPS ETF by 107.0% during the 4th quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock valued at $32,000 after acquiring an additional 642 shares during the last quarter. First Community Trust NA raised its stake in Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after acquiring an additional 700 shares during the last quarter. S.A. Mason LLC lifted its position in Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock worth $39,000 after acquiring an additional 760 shares during the period. Finally, Decker Retirement Planning Inc. purchased a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter valued at approximately $45,000.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.32 on Friday. The business has a 50 day simple moving average of $26.02 and a 200-day simple moving average of $26.30. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month 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.