Walter & Keenan Wealth Management LLC IN ADV Grows Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Walter & Keenan Wealth Management LLC IN ADV increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 140.5% in the 4th quarter, HoldingsChannel.com reports. The firm owned 27,649 shares of the company’s stock after acquiring an additional 16,152 shares during the period. Walter & Keenan Wealth Management LLC IN ADV’s holdings in Schwab U.S. TIPS ETF were worth $714,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of SCHP. Brookstone Capital Management raised its stake in shares of Schwab U.S. TIPS ETF by 40.2% during the 3rd quarter. Brookstone Capital Management now owns 6,609 shares of the company’s stock worth $354,000 after buying an additional 1,896 shares during the last quarter. CWM LLC lifted its holdings in Schwab U.S. TIPS ETF by 13.9% in the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $151,000 after purchasing an additional 344 shares in the last quarter. Simplicity Wealth LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 6.7% during the third quarter. Simplicity Wealth LLC now owns 5,016 shares of the company’s stock worth $269,000 after purchasing an additional 314 shares during the last quarter. Kings Path Partners LLC increased its stake in shares of Schwab U.S. TIPS ETF by 7.5% during the 3rd quarter. Kings Path Partners LLC now owns 61,783 shares of the company’s stock valued at $3,313,000 after acquiring an additional 4,294 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. increased its position in Schwab U.S. TIPS ETF by 132.3% during the third quarter. Concourse Financial Group Securities Inc. now owns 11,127 shares of the company’s stock worth $597,000 after purchasing an additional 6,338 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.3 %

Shares of SCHP opened at $26.25 on Monday. The stock’s fifty day simple moving average is $26.02 and its 200 day simple moving average is $26.30. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve 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.