Principal Securities Inc. Has $35.01 Million Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Principal Securities Inc. grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 3,310.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,355,447 shares of the company’s stock after purchasing an additional 1,315,706 shares during the quarter. Schwab U.S. TIPS ETF comprises about 0.8% of Principal Securities Inc.’s portfolio, making the stock its 23rd biggest holding. Principal Securities Inc. owned about 0.64% of Schwab U.S. TIPS ETF worth $35,011,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. Salem Investment Counselors Inc. increased its position in 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 worth $27,000 after buying an additional 506 shares during the period. Independence Bank of Kentucky increased its position in Schwab U.S. TIPS ETF by 107.0% during the fourth quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock worth $32,000 after acquiring an additional 642 shares during the period. Pathway Financial Advisers LLC raised its stake in Schwab U.S. TIPS ETF by 101.9% in the 4th quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock worth $34,000 after purchasing an additional 655 shares in the last quarter. First Community Trust NA boosted its holdings in Schwab U.S. TIPS ETF by 100.0% in the 4th 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. Finally, S.A. Mason LLC grew its position in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock worth $39,000 after purchasing an additional 760 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.2 %

Shares of NYSEARCA SCHP opened at $26.30 on Friday. The business has a fifty day moving average price of $26.01 and a two-hundred day moving average price 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.

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.