Private Trust Co. NA Has $120,000 Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Private Trust Co. NA lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 364.9% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,649 shares of the company’s stock after acquiring an additional 3,649 shares during the quarter. Private Trust Co. NA’s holdings in Schwab U.S. TIPS ETF were worth $120,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of SCHP. Wilmington Savings Fund Society FSB purchased a new stake in shares of Schwab U.S. TIPS ETF in the third quarter worth approximately $483,000. Brookstone Capital Management increased its stake in Schwab U.S. TIPS ETF by 161.2% in the 4th quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock valued at $446,000 after buying an additional 10,651 shares during the period. Allworth Financial LP lifted its position in Schwab U.S. TIPS ETF by 820.4% in the 4th quarter. Allworth Financial LP now owns 17,976 shares of the company’s stock worth $466,000 after buying an additional 16,023 shares in the last quarter. Barrett & Company Inc. boosted its stake in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Barrett & Company Inc. now owns 14,702 shares of the company’s stock valued at $380,000 after buying an additional 7,351 shares during the period. Finally, Canandaigua National Bank & Trust Co. grew its holdings in shares of Schwab U.S. TIPS ETF by 105.0% during the 4th quarter. Canandaigua National Bank & Trust Co. now owns 12,252 shares of the company’s stock valued at $316,000 after acquiring an additional 6,276 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.3 %

Shares of SCHP stock opened at $26.69 on Wednesday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96. The stock’s 50-day moving average is $26.10 and its two-hundred day moving average is $26.31.

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.