Veracity Capital LLC Has $1.06 Million Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Veracity Capital LLC increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 109.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,125 shares of the company’s stock after purchasing an additional 21,444 shares during the period. Veracity Capital LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,062,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Verde Capital Management grew its position in shares of Schwab U.S. TIPS ETF by 106.3% during the 4th quarter. Verde Capital Management now owns 147,008 shares of the company’s stock worth $3,797,000 after purchasing an additional 75,742 shares in the last quarter. Arkansas Financial Group Inc. grew its position in Schwab U.S. TIPS ETF by 83.3% during the fourth quarter. Arkansas Financial Group Inc. now owns 71,499 shares of the company’s stock worth $1,847,000 after buying an additional 32,503 shares in the last quarter. Galvin Gaustad & Stein LLC increased its stake in Schwab U.S. TIPS ETF by 103.1% during the 4th quarter. Galvin Gaustad & Stein LLC now owns 101,686 shares of the company’s stock worth $2,627,000 after acquiring an additional 51,617 shares during the period. Avior Wealth Management LLC raised its holdings in Schwab U.S. TIPS ETF by 109.7% in the 4th quarter. Avior Wealth Management LLC now owns 768,173 shares of the company’s stock valued at $19,842,000 after acquiring an additional 401,825 shares in the last quarter. Finally, Raleigh Capital Management Inc. lifted its position in shares of Schwab U.S. TIPS ETF by 118.9% during the 4th quarter. Raleigh Capital Management Inc. now owns 3,976 shares of the company’s stock valued at $103,000 after acquiring an additional 2,160 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA SCHP opened at $25.96 on Friday. The stock’s fifty day moving average is $26.04 and its 200 day moving average is $26.30. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 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.