Moors & Cabot Inc. Takes $258,000 Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Moors & Cabot Inc. bought a new stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Rating) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,097 shares of the company’s stock, valued at approximately $258,000.

Other hedge funds also recently modified their holdings of the company. Personal Capital Advisors Corp raised its position in shares of Schwab U.S. TIPS ETF by 13.4% in the 3rd quarter. Personal Capital Advisors Corp now owns 7,788,005 shares of the company’s stock valued at $403,419,000 after acquiring an additional 922,070 shares during the period. Evoke Wealth LLC raised its position in shares of Schwab U.S. TIPS ETF by 11.2% in the 3rd quarter. Evoke Wealth LLC now owns 4,140,657 shares of the company’s stock valued at $214,277,000 after acquiring an additional 416,758 shares during the period. Jane Street Group LLC raised its holdings in Schwab U.S. TIPS ETF by 372.0% during the 3rd quarter. Jane Street Group LLC now owns 2,538,087 shares of the company’s stock worth $131,473,000 after buying an additional 2,000,358 shares during the period. Alesco Advisors LLC raised its holdings in Schwab U.S. TIPS ETF by 5.5% during the 4th quarter. Alesco Advisors LLC now owns 2,169,357 shares of the company’s stock worth $112,351,000 after buying an additional 112,875 shares during the period. Finally, CENTRAL TRUST Co raised its holdings in Schwab U.S. TIPS ETF by 72.4% during the 4th quarter. CENTRAL TRUST Co now owns 1,467,060 shares of the company’s stock worth $75,979,000 after buying an additional 616,012 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock opened at $52.76 on Monday. The company’s 50 day moving average price is $53.36 and its two-hundred day moving average price is $52.77. Schwab U.S. TIPS ETF has a 52 week low of $51.47 and a 52 week high of $58.65.

Schwab U.S. TIPS ETF Company Profile

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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.