Octavia Wealth Advisors LLC Buys 3,800 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Octavia Wealth Advisors LLC boosted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 68.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 9,366 shares of the company’s stock after acquiring an additional 3,800 shares during the period. Octavia Wealth Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $242,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Empower Advisory Group LLC raised its position in shares of Schwab U.S. TIPS ETF by 5.1% during the 3rd quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock valued at $951,174,000 after purchasing an additional 857,417 shares during the period. Quadratic Capital Management LLC increased its stake in Schwab U.S. TIPS ETF by 24.5% in the 4th quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock worth $367,692,000 after buying an additional 2,803,683 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in Schwab U.S. TIPS ETF by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock valued at $534,806,000 after acquiring an additional 1,458,886 shares during the period. Cerity Partners LLC lifted its position in shares of Schwab U.S. TIPS ETF by 19.8% in the third quarter. Cerity Partners LLC now owns 3,922,743 shares of the company’s stock valued at $210,377,000 after acquiring an additional 648,333 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its stake in shares of Schwab U.S. TIPS ETF by 7.7% in the third quarter. CENTRAL TRUST Co now owns 3,054,602 shares of the company’s stock worth $163,818,000 after acquiring an additional 217,441 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.1 %

NYSEARCA:SCHP opened at $25.97 on Wednesday. The stock has a 50-day moving average price of $26.04 and a 200 day moving average price of $26.30. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96.

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.