Smith Thornton Advisors LLC Purchases 29,182 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Smith Thornton Advisors LLC lifted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 105.3% in the 4th quarter, HoldingsChannel.com reports. The fund owned 56,889 shares of the company’s stock after acquiring an additional 29,182 shares during the quarter. Smith Thornton Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,469,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Carolina Wealth Advisors LLC grew its stake in shares of Schwab U.S. TIPS ETF by 99.4% in the 4th quarter. Carolina Wealth Advisors LLC now owns 790,572 shares of the company’s stock worth $20,420,000 after acquiring an additional 394,062 shares in the last quarter. HCR Wealth Advisors grew its position in Schwab U.S. TIPS ETF by 98.1% during the fourth quarter. HCR Wealth Advisors now owns 8,402 shares of the company’s stock valued at $217,000 after buying an additional 4,161 shares during the period. Pinnacle Bancorp Inc. grew its position in Schwab U.S. TIPS ETF by 127.1% during the fourth quarter. Pinnacle Bancorp Inc. now owns 35,175 shares of the company’s stock valued at $909,000 after buying an additional 19,683 shares during the period. Stephens Group Asset Management LLC grew its position in Schwab U.S. TIPS ETF by 105.9% during the fourth quarter. Stephens Group Asset Management LLC now owns 1,696,759 shares of the company’s stock valued at $43,827,000 after buying an additional 872,511 shares during the period. Finally, Websterrogers Financial Advisors LLC grew its position in Schwab U.S. TIPS ETF by 101.0% during the fourth quarter. Websterrogers Financial Advisors LLC now owns 40,010 shares of the company’s stock valued at $1,033,000 after buying an additional 20,108 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

SCHP opened at $25.90 on Thursday. The firm has a 50-day moving average of $26.06 and a 200 day moving average of $26.30. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week 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.