GenTrust LLC Has $7.02 Million Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

GenTrust LLC boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 77.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 271,730 shares of the company’s stock after buying an additional 118,280 shares during the quarter. GenTrust LLC owned approximately 0.13% of Schwab U.S. TIPS ETF worth $7,019,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Salem Investment Counselors Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 91.8% during the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after acquiring an additional 506 shares during the period. Transcendent Capital Group LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 112.1% during the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after acquiring an additional 554 shares during the period. Independence Bank of Kentucky lifted its holdings in shares of 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 worth $32,000 after acquiring an additional 642 shares during the period. Pathway Financial Advisers LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 101.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock worth $34,000 after acquiring an additional 655 shares during the period. Finally, First Community Trust NA lifted its holdings in shares of 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 worth $36,000 after acquiring an additional 700 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.1 %

NYSEARCA:SCHP opened at $26.56 on Thursday. The company has a 50-day moving average of $26.03 and a 200-day moving average of $26.31. 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.