Sequoia Financial Advisors LLC raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 100.5% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 61,373 shares of the company’s stock after buying an additional 30,762 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,585,000 at the end of the most recent quarter.
A number of other large investors also recently bought and sold shares of SCHP. HighTower Advisors LLC lifted its position in shares of Schwab U.S. TIPS ETF by 126.1% in the 4th quarter. HighTower Advisors LLC now owns 390,413 shares of the company’s stock worth $10,084,000 after buying an additional 217,777 shares during the last quarter. Avantax Planning Partners Inc. lifted its position in Schwab U.S. TIPS ETF by 112.6% in the 4th quarter. Avantax Planning Partners Inc. now owns 159,390 shares of the company’s stock valued at $4,117,000 after purchasing an additional 84,429 shares during the last quarter. Inspire Advisors LLC acquired a new position in Schwab U.S. TIPS ETF during the 4th quarter valued at about $347,000. Investors Research Corp grew its position in Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Investors Research Corp now owns 1,846 shares of the company’s stock worth $48,000 after purchasing an additional 923 shares during the last quarter. Finally, Tortoise Investment Management LLC increased its stake in shares of Schwab U.S. TIPS ETF by 397.7% in the fourth quarter. Tortoise Investment Management LLC now owns 466,982 shares of the company’s stock valued at $12,062,000 after purchasing an additional 373,146 shares during the period.
Schwab U.S. TIPS ETF Trading Down 0.3 %
Shares of NYSEARCA SCHP opened at $26.46 on Friday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The stock has a 50 day simple moving average of $26.22 and a 200-day simple moving average of $26.32.
Schwab U.S. TIPS ETF Company 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.
See Also
- Five stocks we like better than Schwab U.S. TIPS ETF
- What is a Low P/E Ratio and What Does it Tell Investors?
- Ignore Reports, Apple Won’t Install Starlink with iOS 18.3
- Find and Profitably Trade Stocks at 52-Week Lows
- Casey’s Uptrend Remains Strong—New Highs on the Horizon
- Investing In Preferred Stock vs. Common Stock
- Taiwan Semiconductor’s Huge U.S. Move—Stock Impact Ahead
Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
Receive News & Ratings for Schwab U.S. TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.
