Fruth Investment Management grew its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 63.1% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,700 shares of the company’s stock after purchasing an additional 6,850 shares during the period. Fruth Investment Management’s holdings in Schwab U.S. TIPS ETF were worth $457,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in SCHP. Salem Investment Counselors Inc. grew its position 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 worth $27,000 after acquiring an additional 506 shares in the last quarter. Capital Performance Advisors LLP bought a new position in Schwab U.S. TIPS ETF during the third quarter worth $63,000. Independence Bank of Kentucky increased its stake 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 valued at $32,000 after purchasing an additional 642 shares during the last quarter. First Community Trust NA raised its holdings 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 period. Finally, S.A. Mason LLC lifted its position in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock worth $39,000 after buying an additional 760 shares during the last quarter.
Schwab U.S. TIPS ETF Stock Up 0.5 %
NYSEARCA:SCHP opened at $26.36 on Thursday. The stock has a 50 day moving average of $26.02 and a 200-day moving average of $26.30. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $26.96.
About Schwab U.S. TIPS ETF
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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