Blume Capital Management Inc. grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 100.0% during the fourth quarter, HoldingsChannel reports. The firm owned 8,000 shares of the company’s stock after buying an additional 4,000 shares during the period. Blume Capital Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $207,000 as of its most recent SEC filing.
Other institutional investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 6.3% in the 3rd quarter. Principal Financial Group Inc. now owns 173,650 shares of the company’s stock valued at $9,313,000 after buying an additional 10,327 shares during the period. Aptus Capital Advisors LLC grew its holdings 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 worth $256,000 after acquiring an additional 392 shares during the period. Fortis Capital Management LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 12.0% in the 3rd quarter. Fortis Capital Management LLC now owns 140,751 shares of the company’s stock worth $7,548,000 after purchasing an additional 15,089 shares in the last quarter. OneDigital Investment Advisors LLC boosted its position in shares of Schwab U.S. TIPS ETF by 91.1% in the 3rd quarter. OneDigital Investment Advisors LLC now owns 26,241 shares of the company’s stock valued at $1,407,000 after purchasing an additional 12,506 shares during the period. Finally, CIBC Asset Management Inc purchased a new stake in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at approximately $550,000.
Schwab U.S. TIPS ETF Trading Up 0.1 %
Shares of NYSEARCA:SCHP opened at $26.54 on Friday. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96. The business has a fifty day simple moving average of $26.20 and a 200 day simple moving average of $26.32.
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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