Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Purchased by Choreo LLC

Choreo LLC boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 49.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 57,455 shares of the company’s stock after purchasing an additional 18,909 shares during the quarter. Choreo LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,484,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHP. Salem Investment Counselors Inc. boosted its holdings in shares of 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 during the period. Independence Bank of Kentucky boosted its holdings in shares of Schwab U.S. TIPS ETF by 107.0% in the fourth quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock valued at $32,000 after acquiring an additional 642 shares during the period. First Community Trust NA boosted its holdings in shares of Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after acquiring an additional 700 shares during the period. S.A. Mason LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock valued at $39,000 after acquiring an additional 760 shares during the period. Finally, Decker Retirement Planning Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at approximately $45,000.

Schwab U.S. TIPS ETF Price Performance

SCHP stock opened at $26.25 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96. The business has a 50 day simple moving average of $26.02 and a 200-day simple moving average of $26.30.

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.