Evolve Private Wealth LLC Has $6.82 Million Stock Position in Schwab U.S. TIPS ETF $SCHP

Evolve Private Wealth LLC increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 12.2% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 256,408 shares of the company’s stock after acquiring an additional 27,952 shares during the period. Evolve Private Wealth LLC’s holdings in Schwab U.S. TIPS ETF were worth $6,823,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of SCHP. Clearstead Advisors LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 34,125.7% in the 3rd quarter. Clearstead Advisors LLC now owns 101,308 shares of the company’s stock valued at $2,730,000 after buying an additional 101,012 shares during the last quarter. Dorato Capital Management bought a new position in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at $6,700,000. BlueSky Wealth Advisors LLC increased its holdings in Schwab U.S. TIPS ETF by 8.1% during the fourth quarter. BlueSky Wealth Advisors LLC now owns 1,499,610 shares of the company’s stock worth $39,725,000 after buying an additional 112,608 shares during the last quarter. Farther Finance Advisors LLC raised its position in Schwab U.S. TIPS ETF by 606.7% during the fourth quarter. Farther Finance Advisors LLC now owns 190,389 shares of the company’s stock worth $5,043,000 after acquiring an additional 163,447 shares in the last quarter. Finally, Financial Architects LLC raised its position in Schwab U.S. TIPS ETF by 7.9% during the fourth quarter. Financial Architects LLC now owns 1,434,570 shares of the company’s stock worth $38,002,000 after acquiring an additional 105,349 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock opened at $26.49 on Monday. The company has a fifty day moving average price of $26.70 and a two-hundred day moving average price of $26.68. Schwab U.S. TIPS ETF has a one year low of $26.40 and a one year high of $27.19.

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.