Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Purchased by Orion Portfolio Solutions LLC

Orion Portfolio Solutions LLC boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 128.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,496 shares of the company’s stock after buying an additional 23,891 shares during the period. Orion Portfolio Solutions LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,098,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Transcendent Capital Group LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 112.1% in the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock valued at $27,000 after acquiring an additional 554 shares during the last quarter. Community Bank N.A. boosted its holdings in Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock valued at $27,000 after purchasing an additional 526 shares during the last quarter. Salem Investment Counselors Inc. grew its position in 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 purchasing an additional 506 shares during the period. Blue Bell Private Wealth Management LLC raised its stake in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock valued at $29,000 after buying an additional 564 shares during the last quarter. Finally, Lindbrook Capital LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 24,260.0% in the 4th quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock valued at $31,000 after buying an additional 1,213 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP opened at $26.85 on Friday. The stock’s 50-day moving average price is $26.47 and its 200-day moving average price is $26.33. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $27.06.

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.