DGS Capital Management LLC Purchases Shares of 22,575 Schwab U.S. TIPS ETF $SCHP

DGS Capital Management LLC acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 22,575 shares of the company’s stock, valued at approximately $601,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Lloyd Advisory Services LLC. purchased a new position in shares of Schwab U.S. TIPS ETF during the fourth quarter valued at approximately $29,000. Olistico Wealth LLC bought a new position in Schwab U.S. TIPS ETF during the 4th quarter valued at $30,000. Ameritas Investment Partners Inc. lifted its stake in Schwab U.S. TIPS ETF by 83.9% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after acquiring an additional 547 shares in the last quarter. CIBC Private Wealth Group LLC boosted its holdings in Schwab U.S. TIPS ETF by 69.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock worth $35,000 after acquiring an additional 541 shares during the last quarter. Finally, LGT Financial Advisors LLC purchased a new position in Schwab U.S. TIPS ETF during the 3rd quarter worth $49,000.

Schwab U.S. TIPS ETF Price Performance

SCHP opened at $26.30 on Tuesday. The company’s 50-day moving average is $26.61 and its 200 day moving average is $26.65. Schwab U.S. TIPS ETF has a fifty-two week low of $26.23 and a fifty-two week high of $27.19.

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.