CENTRAL TRUST Co Grows Stock Holdings in Schwab U.S. TIPS ETF $SCHP

CENTRAL TRUST Co raised its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 5.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,055,215 shares of the company’s stock after buying an additional 421,678 shares during the quarter. Schwab U.S. TIPS ETF comprises about 4.2% of CENTRAL TRUST Co’s holdings, making the stock its 3rd largest position. CENTRAL TRUST Co owned 1.38% of Schwab U.S. TIPS ETF worth $214,349,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Pine Haven Investment Counsel Inc grew its holdings in shares of Schwab U.S. TIPS ETF by 0.9% during the fourth quarter. Pine Haven Investment Counsel Inc now owns 42,192 shares of the company’s stock worth $1,118,000 after purchasing an additional 390 shares in the last quarter. Fortis Capital Management LLC raised its stake in Schwab U.S. TIPS ETF by 1.3% in the fourth quarter. Fortis Capital Management LLC now owns 30,765 shares of the company’s stock valued at $815,000 after purchasing an additional 390 shares in the last quarter. Cape Investment Advisory Inc. raised its stake in Schwab U.S. TIPS ETF by 21.2% in the third 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 in the last quarter. Vista Capital Partners Inc. lifted its position in Schwab U.S. TIPS ETF by 2.8% during the fourth quarter. Vista Capital Partners Inc. now owns 19,104 shares of the company’s stock valued at $506,000 after purchasing an additional 523 shares during the last quarter. Finally, CIBC Private Wealth Group LLC lifted its position in Schwab U.S. TIPS ETF by 69.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock valued at $35,000 after purchasing an additional 541 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

SCHP stock opened at $26.38 on Wednesday. Schwab U.S. TIPS ETF has a one year low of $26.37 and a one year high of $27.19. The firm has a 50 day simple moving average of $26.69 and a two-hundred day simple moving average of $26.67.

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.