McLean Asset Management Corp Raises Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

McLean Asset Management Corp lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 101.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 120,447 shares of the company’s stock after buying an additional 60,621 shares during the period. Schwab U.S. TIPS ETF makes up about 0.9% of McLean Asset Management Corp’s holdings, making the stock its 22nd biggest holding. McLean Asset Management Corp’s holdings in Schwab U.S. TIPS ETF were worth $3,111,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Two West Capital Advisors LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 103.8% during the 4th quarter. Two West Capital Advisors LLC now owns 261,460 shares of the company’s stock worth $6,754,000 after buying an additional 133,157 shares during the last quarter. Peak Financial Management Inc. increased its holdings in shares of Schwab U.S. TIPS ETF by 103.1% during the 4th quarter. Peak Financial Management Inc. now owns 472,233 shares of the company’s stock worth $12,198,000 after buying an additional 239,714 shares during the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its holdings in shares of Schwab U.S. TIPS ETF by 81.5% during the 4th quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 26,245 shares of the company’s stock worth $678,000 after buying an additional 11,783 shares during the last quarter. Tran Capital Management L.P. increased its holdings in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Tran Capital Management L.P. now owns 19,160 shares of the company’s stock worth $495,000 after buying an additional 9,580 shares during the last quarter. Finally, Flagship Harbor Advisors LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 95.5% during the 4th quarter. Flagship Harbor Advisors LLC now owns 12,716 shares of the company’s stock worth $328,000 after buying an additional 6,211 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.2 %

Shares of NYSEARCA SCHP opened at $26.00 on Monday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The stock has a fifty day moving average price of $26.03 and a 200 day moving average price of $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.