Private Client Services LLC Boosts Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Private Client Services LLC boosted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 69.9% in the 4th quarter, Holdings Channel reports. The fund owned 14,412 shares of the company’s stock after acquiring an additional 5,929 shares during the quarter. Private Client Services LLC’s holdings in Schwab U.S. TIPS ETF were worth $372,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the business. Simplicity Wealth LLC grew its position in shares of Schwab U.S. TIPS ETF by 6.7% in the third quarter. Simplicity Wealth LLC now owns 5,016 shares of the company’s stock valued at $269,000 after purchasing an additional 314 shares in the last quarter. CWM LLC grew its holdings in Schwab U.S. TIPS ETF by 13.9% in the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $151,000 after buying an additional 344 shares in the last quarter. Pinnacle Bancorp Inc. increased its stake in shares of Schwab U.S. TIPS ETF by 2.4% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 15,492 shares of the company’s stock worth $831,000 after acquiring an additional 364 shares during the last quarter. Covestor Ltd increased its position in Schwab U.S. TIPS ETF by 7.4% during the third quarter. Covestor Ltd now owns 5,625 shares of the company’s stock worth $302,000 after purchasing an additional 388 shares during the last quarter. Finally, Aptus Capital Advisors LLC raised its stake in Schwab U.S. TIPS ETF by 8.9% during the third quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock worth $256,000 after purchasing an additional 392 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA:SCHP traded up $0.04 on Wednesday, hitting $25.78. The stock had a trading volume of 2,868,177 shares, compared to its average volume of 3,561,659. The company has a fifty day moving average price of $26.12 and a two-hundred day moving average price of $26.31. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96.

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.