Fund Evaluation Group LLC Purchases 61,265 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Fund Evaluation Group LLC grew its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 8.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 748,000 shares of the company’s stock after acquiring an additional 61,265 shares during the quarter. Schwab U.S. TIPS ETF comprises approximately 0.9% of Fund Evaluation Group LLC’s portfolio, making the stock its 10th biggest position. Fund Evaluation Group LLC’s holdings in Schwab U.S. TIPS ETF were worth $19,321,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the business. Physician Wealth Advisors Inc. acquired a new stake in Schwab U.S. TIPS ETF during the 4th quarter worth $151,000. Joseph Group Capital Management boosted its stake in shares of Schwab U.S. TIPS ETF by 79.7% during the fourth quarter. Joseph Group Capital Management now owns 904,277 shares of the company’s stock worth $23,357,000 after buying an additional 401,114 shares during the period. Rock Creek Group LP grew its holdings in shares of Schwab U.S. TIPS ETF by 214.7% during the fourth quarter. Rock Creek Group LP now owns 125,943 shares of the company’s stock worth $3,252,000 after buying an additional 85,918 shares during the last quarter. Prime Capital Investment Advisors LLC raised its stake in Schwab U.S. TIPS ETF by 107.0% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 2,020,567 shares of the company’s stock valued at $52,191,000 after acquiring an additional 1,044,236 shares during the last quarter. Finally, Transamerica Financial Advisors Inc. lifted its position in Schwab U.S. TIPS ETF by 89.5% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 316,547 shares of the company’s stock worth $8,177,000 after acquiring an additional 149,525 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.6 %

Shares of SCHP stock opened at $26.78 on Friday. The business’s 50 day moving average is $26.38 and its two-hundred day moving average is $26.32. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96.

Schwab U.S. TIPS ETF 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.