Avior Wealth Management LLC Has $19.84 Million Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Posted by Doug Madison on Jan 23rd, 2025

Avior Wealth Management LLC grew its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 109.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 768,173 shares of the company’s stock after buying an additional 401,825 shares during the quarter. Avior Wealth Management LLC owned 0.36% of Schwab U.S. TIPS ETF worth $19,842,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the business. Salem Investment Counselors Inc. increased its stake in Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after acquiring an additional 506 shares during the period. Capital Performance Advisors LLP acquired a new stake in Schwab U.S. TIPS ETF during the third quarter valued at approximately $63,000. First Community Trust NA grew its stake in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after purchasing an additional 700 shares during the period. Decker Retirement Planning Inc. acquired a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter worth approximately $45,000. Finally, Cordant Inc. lifted its position in shares of Schwab U.S. TIPS ETF by 105.2% during the 4th quarter. Cordant Inc. now owns 2,660 shares of the company’s stock worth $69,000 after buying an additional 1,364 shares during the period.

Schwab U.S. TIPS ETF Stock Down 0.1 %

Shares of SCHP stock opened at $25.94 on Thursday. The stock’s fifty day simple moving average is $26.04 and its 200 day simple moving average is $26.30. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96.

Schwab U.S. TIPS ETF Company Profile

(Free Report)

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.