Petra Financial Advisors Inc. Purchases 6,402 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Petra Financial Advisors Inc. lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 113.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,032 shares of the company’s stock after purchasing an additional 6,402 shares during the period. Petra Financial Advisors Inc.’s holdings in Schwab U.S. TIPS ETF were worth $311,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Empower Advisory Group LLC grew its position in Schwab U.S. TIPS ETF by 116.0% during the fourth quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock worth $989,317,000 after buying an additional 20,565,226 shares in the last quarter. Municipal Employees Retirement System of Michigan acquired a new stake in shares of Schwab U.S. TIPS ETF in the 4th quarter valued at $402,061,000. Lincoln National Corp boosted its holdings in shares of Schwab U.S. TIPS ETF by 100.2% in the 4th quarter. Lincoln National Corp now owns 8,227,198 shares of the company’s stock valued at $212,509,000 after purchasing an additional 4,118,522 shares in the last quarter. Alesco Advisors LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 105.9% in the 4th quarter. Alesco Advisors LLC now owns 5,570,374 shares of the company’s stock valued at $143,883,000 after purchasing an additional 2,865,603 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its holdings in shares of Schwab U.S. TIPS ETF by 92.2% in the 4th quarter. CENTRAL TRUST Co now owns 5,872,188 shares of the company’s stock valued at $151,679,000 after purchasing an additional 2,817,586 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of SCHP stock opened at $26.49 on Tuesday. The stock’s fifty day moving average price is $26.23 and its two-hundred day moving average price is $26.31. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two 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.