Aptus Capital Advisors LLC increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 18.5% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 285,855 shares of the company’s stock after buying an additional 44,677 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $7,572,000 as of its most recent filing with the SEC.
A number of other large investors have also added to or reduced their stakes in SCHP. Founders Financial Alliance LLC increased its holdings in Schwab U.S. TIPS ETF by 392.8% during the third quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock worth $26,000 after buying an additional 766 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new stake in Schwab U.S. TIPS ETF during the fourth quarter worth about $29,000. Olistico Wealth LLC purchased a new stake in Schwab U.S. TIPS ETF during the fourth quarter worth about $30,000. Ameritas Investment Partners Inc. increased 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 buying an additional 547 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its holdings 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 worth $35,000 after buying an additional 541 shares during the last quarter.
Schwab U.S. TIPS ETF Stock Performance
NYSEARCA SCHP opened at $26.57 on Tuesday. Schwab U.S. TIPS ETF has a 52-week low of $26.29 and a 52-week high of $27.19. The company has a 50-day simple moving average of $26.72 and a 200 day simple moving average of $26.69.
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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