Bulwark Capital Corp raised its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 20.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 249,151 shares of the company’s stock after buying an additional 42,799 shares during the period. Schwab U.S. TIPS ETF makes up approximately 4.7% of Bulwark Capital Corp’s holdings, making the stock its 8th largest holding. Bulwark Capital Corp’s holdings in Schwab U.S. TIPS ETF were worth $6,600,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Founders Financial Alliance LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 392.8% in the 3rd quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock worth $26,000 after acquiring an additional 766 shares during the period. Financial Consulate Inc. purchased a new position in Schwab U.S. TIPS ETF in the 3rd quarter valued at approximately $29,000. Ameritas Investment Partners Inc. raised its holdings in Schwab U.S. TIPS ETF by 83.9% during the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after purchasing an additional 547 shares during the last quarter. Glass Jacobson Investment Advisors llc raised its holdings in Schwab U.S. TIPS ETF by 35.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock worth $40,000 after purchasing an additional 383 shares during the last quarter. Finally, AlphaCore Capital LLC boosted its position in Schwab U.S. TIPS ETF by 375.9% during the third quarter. AlphaCore Capital LLC now owns 1,561 shares of the company’s stock worth $42,000 after purchasing an additional 1,233 shares in the last quarter.
Analyst Ratings Changes
Separately, Sanford C. Bernstein raised Schwab U.S. TIPS ETF to a “hold” rating in a report on Friday, December 5th.
Schwab U.S. TIPS ETF Price Performance
Schwab U.S. TIPS ETF stock opened at $26.47 on Wednesday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.83 and a fifty-two week high of $27.19. The stock has a fifty day moving average of $26.72 and a two-hundred day moving average of $26.79.
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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