Glass Jacobson Investment Advisors llc Grows Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Glass Jacobson Investment Advisors llc increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 101.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,723 shares of the company’s stock after purchasing an additional 866 shares during the period. Glass Jacobson Investment Advisors llc’s holdings in Schwab U.S. TIPS ETF were worth $44,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SCHP. Global Retirement Partners LLC boosted its stake in Schwab U.S. TIPS ETF by 2.0% during the 4th quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock worth $538,000 after purchasing an additional 409 shares during the last quarter. Salem Investment Counselors Inc. boosted its position in Schwab U.S. TIPS ETF by 91.8% during the fourth 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 last quarter. Community Bank N.A. grew its stake in Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock valued at $27,000 after acquiring an additional 526 shares in the last quarter. Transcendent Capital Group LLC grew its stake in 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 valued at $27,000 after acquiring an additional 554 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC lifted its stake in Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock worth $29,000 after purchasing an additional 564 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock opened at $26.18 on Friday. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $27.06. The business has a 50 day simple moving average of $26.50 and a 200-day simple moving average of $26.31.

Schwab U.S. TIPS ETF 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.