Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Purchased by JMG Financial Group Ltd.

JMG Financial Group Ltd. increased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 102.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 115,659 shares of the company’s stock after buying an additional 58,523 shares during the quarter. JMG Financial Group Ltd. owned 0.05% of Schwab U.S. TIPS ETF worth $2,987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in SCHP. CWM LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 13.9% during the third quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $151,000 after acquiring an additional 344 shares in the last quarter. Covestor Ltd grew its position in Schwab U.S. TIPS ETF by 7.4% during the 3rd quarter. Covestor Ltd now owns 5,625 shares of the company’s stock worth $302,000 after purchasing an additional 388 shares during the last quarter. Aptus Capital Advisors LLC increased its stake in Schwab U.S. TIPS ETF by 8.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock valued at $256,000 after purchasing an additional 392 shares in the last quarter. Coastwise Capital Group LLC increased its stake in Schwab U.S. TIPS ETF by 7.2% during the 3rd quarter. Coastwise Capital Group LLC now owns 6,037 shares of the company’s stock valued at $324,000 after purchasing an additional 408 shares in the last quarter. Finally, Global Retirement Partners LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 2.0% in the fourth quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock worth $538,000 after buying an additional 409 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $26.32 on Friday. The company’s fifty day moving average price is $26.00 and its 200-day moving average price is $26.30. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year 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.