Prime Capital Investment Advisors LLC raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 107.0% in the fourth quarter, Holdings Channel reports. The firm owned 2,020,567 shares of the company’s stock after buying an additional 1,044,236 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $52,191,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in the company. Salem Investment Counselors Inc. lifted its stake in shares of Schwab U.S. TIPS ETF by 91.8% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after purchasing an additional 506 shares during the last quarter. Transcendent Capital Group LLC lifted its position in shares of Schwab U.S. TIPS ETF by 112.1% in the fourth quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after buying an additional 554 shares during the last quarter. Community Bank N.A. increased its holdings in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock valued at $27,000 after acquiring an additional 526 shares during the last quarter. Blue Bell Private Wealth Management LLC raised its stake in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock valued at $29,000 after acquiring an additional 564 shares in the last quarter. Finally, Lindbrook Capital LLC lifted its holdings in Schwab U.S. TIPS ETF by 24,260.0% in the 4th quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock worth $31,000 after purchasing an additional 1,213 shares during the last quarter.
Schwab U.S. TIPS ETF Price Performance
NYSEARCA:SCHP opened at $26.78 on Friday. The company’s 50 day moving average is $26.38 and its 200-day moving average is $26.32. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month 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.
Recommended Stories
- Five stocks we like better than Schwab U.S. TIPS ETF
- How to buy stock: A step-by-step guide for beginners
- Affirm Strikes Back: Can a New Deal Mitigate the Recent Loss?
- Which Wall Street Analysts are the Most Accurate?
- Why Dollar Tree’s Family Dollar Sale Could Spark a Comeback
- Bank Stocks – Best Bank Stocks to Invest In
- JPMorgan: The ‘NVIDIA of Banking’ Poised for More Gains?
Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
Receive News & Ratings for Schwab U.S. TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.
