RHS Financial LLC Has $3.38 Million Stock Holdings in Schwab U.S. TIPS ETF $SCHP

RHS Financial LLC increased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 25.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 125,359 shares of the company’s stock after purchasing an additional 25,706 shares during the period. Schwab U.S. TIPS ETF makes up about 1.8% of RHS Financial LLC’s holdings, making the stock its 18th biggest position. RHS Financial LLC’s holdings in Schwab U.S. TIPS ETF were worth $3,378,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. CWC Advisors LLC. boosted its holdings in shares of Schwab U.S. TIPS ETF by 3.4% during the 2nd quarter. CWC Advisors LLC. now owns 11,653 shares of the company’s stock worth $311,000 after buying an additional 384 shares in the last quarter. Financial Freedom LLC lifted its position in shares of Schwab U.S. TIPS ETF by 0.5% during the 2nd quarter. Financial Freedom LLC now owns 79,080 shares of the company’s stock valued at $2,110,000 after acquiring an additional 405 shares during the period. Cape Investment Advisory Inc. boosted its stake in Schwab U.S. TIPS ETF by 28.8% during the second quarter. Cape Investment Advisory Inc. now owns 1,944 shares of the company’s stock worth $52,000 after acquiring an additional 435 shares in the last quarter. Mengis Capital Management Inc. grew its holdings in Schwab U.S. TIPS ETF by 2.8% in the second quarter. Mengis Capital Management Inc. now owns 16,010 shares of the company’s stock worth $427,000 after purchasing an additional 442 shares during the period. Finally, Clune & Associates LTD. grew its holdings in Schwab U.S. TIPS ETF by 1.1% in the second quarter. Clune & Associates LTD. now owns 40,660 shares of the company’s stock worth $1,085,000 after purchasing an additional 455 shares during the period.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein upgraded shares of Schwab U.S. TIPS ETF to a “hold” rating in a report on Friday, December 5th.

Schwab U.S. TIPS ETF Trading Up 0.3%

SCHP stock opened at $26.55 on Tuesday. Schwab U.S. TIPS ETF has a 52-week low of $25.68 and a 52-week high of $27.19. The business has a 50-day simple moving average of $26.74 and a two-hundred day simple moving average of $26.77.

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.