LifeGuide Financial Advisors LLC increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 110.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,567,621 shares of the company’s stock after acquiring an additional 823,329 shares during the quarter. Schwab U.S. TIPS ETF comprises 17.4% of LifeGuide Financial Advisors LLC’s holdings, making the stock its 2nd biggest position. LifeGuide Financial Advisors LLC owned 0.74% of Schwab U.S. TIPS ETF worth $40,492,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently bought and sold shares of SCHP. Salem Investment Counselors Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 91.8% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after buying an additional 506 shares during the last quarter. First Community Trust NA increased its holdings in shares of Schwab U.S. TIPS ETF by 100.0% in the fourth 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. purchased a new position in shares of Schwab U.S. TIPS ETF in the fourth quarter worth about $45,000. Capital Performance Advisors LLP acquired a new stake in shares of Schwab U.S. TIPS ETF during the third quarter worth about $63,000. Finally, Cordant Inc. boosted its position in Schwab U.S. TIPS ETF by 105.2% in the fourth quarter. Cordant Inc. now owns 2,660 shares of the company’s stock valued at $69,000 after buying an additional 1,364 shares during the last quarter.
Schwab U.S. TIPS ETF Price Performance
SCHP opened at $25.97 on Wednesday. The firm has a 50 day moving average of $26.04 and a two-hundred day moving average 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.
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