10,882 Shares in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Purchased by North Forty Two & Co.

North Forty Two & Co. acquired a new position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 10,882 shares of the company’s stock, valued at approximately $281,000.

A number of other large investors have also modified their holdings of the company. Coastwise Capital Group LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 7.2% in the 3rd quarter. Coastwise Capital Group LLC now owns 6,037 shares of the company’s stock worth $324,000 after acquiring an additional 408 shares during the period. Global Retirement Partners LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 2.0% in the 4th quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock worth $538,000 after acquiring an additional 409 shares during the period. Bakala Capital LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 3.0% in the 3rd quarter. Bakala Capital LLC now owns 14,993 shares of the company’s stock worth $804,000 after acquiring an additional 430 shares during the period. Passive Capital Management LLC. increased its holdings in shares of Schwab U.S. TIPS ETF by 1.3% in the 3rd quarter. Passive Capital Management LLC. now owns 38,687 shares of the company’s stock worth $2,075,000 after acquiring an additional 484 shares during the period. Finally, Salem Investment Counselors Inc. increased its holdings 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 during the period.

Schwab U.S. TIPS ETF Stock Up 0.1 %

SCHP stock opened at $26.52 on Wednesday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96. The firm’s 50-day simple moving average is $26.25 and its 200 day simple moving average is $26.31.

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.