Atomi Financial Group Inc. Boosts Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Atomi Financial Group Inc. increased its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 113.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,371 shares of the company’s stock after acquiring an additional 24,143 shares during the quarter. Atomi Financial Group Inc.’s holdings in Schwab U.S. TIPS ETF were worth $1,172,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHP. Renaissance Technologies LLC purchased a new stake in shares of Schwab U.S. TIPS ETF in the second quarter worth $943,000. Thrivent Financial for Lutherans increased its stake in Schwab U.S. TIPS ETF by 5.7% in the 2nd quarter. Thrivent Financial for Lutherans now owns 212,048 shares of the company’s stock worth $11,029,000 after buying an additional 11,452 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in Schwab U.S. TIPS ETF by 66.6% during the second quarter. EverSource Wealth Advisors LLC now owns 16,489 shares of the company’s stock valued at $869,000 after acquiring an additional 6,591 shares during the period. Smith Thornton Advisors LLC purchased a new position in shares of Schwab U.S. TIPS ETF in the second quarter valued at about $1,455,000. Finally, Full Sail Capital LLC lifted its position in shares of Schwab U.S. TIPS ETF by 6.3% in the second quarter. Full Sail Capital LLC now owns 660,753 shares of the company’s stock valued at $34,366,000 after acquiring an additional 38,984 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.1 %

NYSEARCA:SCHP opened at $25.97 on Wednesday. The stock has a 50-day moving average price of $26.04 and a 200 day moving average price of $26.30. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96.

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.