Greenspring Advisors LLC Makes New Investment in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Greenspring Advisors LLC acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 51,870 shares of the company’s stock, valued at approximately $1,340,000. Schwab U.S. TIPS ETF makes up about 0.3% of Greenspring Advisors LLC’s portfolio, making the stock its 27th largest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SCHP. Simplicity Wealth LLC lifted its position in Schwab U.S. TIPS ETF by 6.7% during the third quarter. Simplicity Wealth LLC now owns 5,016 shares of the company’s stock valued at $269,000 after purchasing an additional 314 shares during the last quarter. CWM LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 13.9% in the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $151,000 after acquiring an additional 344 shares during the last quarter. Pinnacle Bancorp Inc. grew its position in Schwab U.S. TIPS ETF by 2.4% in the third quarter. Pinnacle Bancorp Inc. now owns 15,492 shares of the company’s stock worth $831,000 after acquiring an additional 364 shares in the last quarter. Covestor Ltd increased its stake in Schwab U.S. TIPS ETF by 7.4% during the third quarter. Covestor Ltd now owns 5,625 shares of the company’s stock worth $302,000 after acquiring an additional 388 shares during the last quarter. Finally, Aptus Capital Advisors LLC raised its position in Schwab U.S. TIPS ETF by 8.9% during the third quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock valued at $256,000 after purchasing an additional 392 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.5 %

Shares of Schwab U.S. TIPS ETF stock opened at $26.36 on Thursday. The stock has a 50 day moving average price of $26.02 and a 200-day moving average price of $26.30. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year 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.