Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Purchased by Breakwater Investment Management

Breakwater Investment Management raised its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 101.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 56,202 shares of the company’s stock after buying an additional 28,261 shares during the period. Breakwater Investment Management’s holdings in Schwab U.S. TIPS ETF were worth $1,452,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Salem Investment Counselors Inc. raised its holdings in Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after acquiring an additional 506 shares in the last quarter. Capital Performance Advisors LLP bought a new position in shares of Schwab U.S. TIPS ETF during the third quarter worth about $63,000. First Community Trust NA lifted its position in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after purchasing an additional 700 shares during the last quarter. Decker Retirement Planning Inc. bought a new stake in Schwab U.S. TIPS ETF in the fourth quarter valued at about $45,000. Finally, Fairscale Capital LLC acquired a new stake in Schwab U.S. TIPS ETF during the second quarter valued at approximately $105,000.

Schwab U.S. TIPS ETF Trading Up 0.1 %

Shares of SCHP opened at $25.95 on Tuesday. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $26.96. The stock has a 50 day moving average of $26.04 and a 200-day moving average of $26.30.

Schwab U.S. TIPS ETF Company Profile

(Free Report)

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.

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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:SCHPFree Report).

Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

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