Lifeworks Advisors LLC Invests $302,000 in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Lifeworks Advisors LLC purchased a new position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 11,694 shares of the company’s stock, valued at approximately $302,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHP. Transcendent Capital Group LLC grew its position in shares of Schwab U.S. TIPS ETF by 112.1% in the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after acquiring an additional 554 shares in the last quarter. Salem Investment Counselors Inc. boosted its holdings 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 worth $27,000 after purchasing an additional 506 shares during the period. Blue Bell Private Wealth Management LLC increased its stake in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock valued at $29,000 after purchasing an additional 564 shares during the last quarter. Capital Performance Advisors LLP acquired a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at about $63,000. Finally, Lindbrook Capital LLC grew its position in shares of Schwab U.S. TIPS ETF by 24,260.0% during the 4th quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock valued at $31,000 after buying an additional 1,213 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.2 %

SCHP opened at $26.49 on Friday. The company’s 50-day moving average price is $26.15 and its 200 day moving average price is $26.32. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96.

Schwab U.S. TIPS ETF Profile

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.