Allen Capital Group LLC Buys 26,593 Shares of Schwab U.S. TIPS ETF $SCHP

Allen Capital Group LLC grew its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.8% in the 4th quarter, Holdings Channel.com reports. The fund owned 582,869 shares of the company’s stock after purchasing an additional 26,593 shares during the quarter. Schwab U.S. TIPS ETF makes up 1.4% of Allen Capital Group LLC’s holdings, making the stock its 18th largest holding. Allen Capital Group LLC’s holdings in Schwab U.S. TIPS ETF were worth $15,440,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the company. Pine Haven Investment Counsel Inc lifted its stake in Schwab U.S. TIPS ETF by 0.9% in the 4th quarter. Pine Haven Investment Counsel Inc now owns 42,192 shares of the company’s stock valued at $1,118,000 after purchasing an additional 390 shares during the last quarter. Cape Investment Advisory Inc. lifted its stake in Schwab U.S. TIPS ETF by 21.2% in the 3rd quarter. Cape Investment Advisory Inc. now owns 2,356 shares of the company’s stock valued at $63,000 after purchasing an additional 412 shares during the last quarter. Sequoia Financial Advisors LLC lifted its stake in Schwab U.S. TIPS ETF by 4.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 9,541 shares of the company’s stock valued at $257,000 after purchasing an additional 423 shares during the last quarter. Vista Capital Partners Inc. raised its holdings in Schwab U.S. TIPS ETF by 2.8% in the 4th quarter. Vista Capital Partners Inc. now owns 19,104 shares of the company’s stock valued at $506,000 after acquiring an additional 523 shares during the period. Finally, Lynx Investment Advisory raised its holdings in Schwab U.S. TIPS ETF by 4.1% in the 3rd quarter. Lynx Investment Advisory now owns 13,436 shares of the company’s stock valued at $362,000 after acquiring an additional 532 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Schwab U.S. TIPS ETF stock opened at $26.63 on Monday. Schwab U.S. TIPS ETF has a twelve month low of $26.20 and a twelve month high of $27.19. The company’s 50-day moving average price is $26.73 and its two-hundred day moving average price is $26.71.

Schwab U.S. TIPS ETF Company 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.