Amicus Financial Advisors LLC acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 342,456 shares of the company’s stock, valued at approximately $9,072,000. Schwab U.S. TIPS ETF comprises approximately 2.5% of Amicus Financial Advisors LLC’s investment portfolio, making the stock its 9th biggest holding.
A number of other hedge funds and other institutional investors have also made changes to their positions in SCHP. MidFirst Bank acquired a new stake in Schwab U.S. TIPS ETF during the 4th quarter worth $50,000. 93 Financial Group LLC acquired a new position in Schwab U.S. TIPS ETF in the fourth quarter valued at $217,000. Compound Planning Inc. increased its stake in Schwab U.S. TIPS ETF by 72.2% in the fourth quarter. Compound Planning Inc. now owns 35,567 shares of the company’s stock valued at $942,000 after purchasing an additional 14,910 shares during the period. Corient Private Wealth LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 4.9% during the fourth quarter. Corient Private Wealth LLC now owns 17,151 shares of the company’s stock worth $423,000 after buying an additional 797 shares during the last quarter. Finally, Jacobs Equity LLC acquired a new position in Schwab U.S. TIPS ETF in the 4th quarter valued at about $212,000.
Schwab U.S. TIPS ETF Price Performance
SCHP opened at $26.49 on Friday. The business has a 50 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 52 week low of $26.40 and a 52 week 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.
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