ORG Partners LLC Boosts Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

ORG Partners LLC boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 104.1% in the 4th quarter, HoldingsChannel reports. The firm owned 16,329 shares of the company’s stock after purchasing an additional 8,329 shares during the quarter. ORG Partners LLC’s holdings in Schwab U.S. TIPS ETF were worth $422,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Capital Performance Advisors LLP purchased a new stake in shares of Schwab U.S. TIPS ETF in the third quarter worth about $63,000. Fairscale Capital LLC purchased a new stake in shares of Schwab U.S. TIPS ETF during the 2nd quarter worth approximately $105,000. CWM LLC boosted its position in shares of Schwab U.S. TIPS ETF by 13.9% during the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $151,000 after acquiring an additional 344 shares during the last quarter. Cannon Financial Strategists Inc. purchased a new position in shares of Schwab U.S. TIPS ETF in the third quarter valued at $200,000. Finally, Mount Yale Investment Advisors LLC bought a new stake in Schwab U.S. TIPS ETF in the third quarter worth $202,000.

Schwab U.S. TIPS ETF Trading Down 0.4 %

SCHP stock opened at $25.69 on Friday. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $26.96. The company has a fifty day simple moving average of $26.09 and a two-hundred day simple moving average of $26.30.

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.