Sound Income Strategies LLC boosted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 612.1% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 2,713 shares of the company’s stock after buying an additional 2,332 shares during the period. Sound Income Strategies LLC’s holdings in Schwab U.S. TIPS ETF were worth $70,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of the business. Salem Investment Counselors Inc. increased its holdings in shares of 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 valued at $27,000 after acquiring an additional 506 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in Schwab U.S. TIPS ETF during the third quarter valued at approximately $63,000. First Community Trust NA raised its position in shares of Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after purchasing an additional 700 shares during the period. Decker Retirement Planning Inc. bought a new position in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at approximately $45,000. Finally, Cordant Inc. lifted its stake in shares of Schwab U.S. TIPS ETF by 105.2% in the fourth quarter. Cordant Inc. now owns 2,660 shares of the company’s stock worth $69,000 after buying an additional 1,364 shares during the last quarter.
Schwab U.S. TIPS ETF Trading Up 0.2 %
NYSEARCA:SCHP opened at $26.00 on Friday. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96. The firm’s fifty day simple moving average is $26.03 and its 200 day simple moving average is $26.30.
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.
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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
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