Schwab U.S. TIPS ETF $SCHP Shares Bought by CW Advisors LLC

CW Advisors LLC grew its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 32.4% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 143,806 shares of the company’s stock after purchasing an additional 35,220 shares during the period. CW Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $3,837,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SCHP. Mogy Joel R Investment Counsel Inc. purchased a new stake in Schwab U.S. TIPS ETF during the 2nd quarter worth $32,000. Bessemer Group Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF during the second quarter valued at about $32,000. Hantz Financial Services Inc. purchased a new stake in shares of Schwab U.S. TIPS ETF during the second quarter worth about $35,000. Bogart Wealth LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 64.1% in the second quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock worth $38,000 after acquiring an additional 551 shares in the last quarter. Finally, Horizon Bancorp Inc. IN acquired a new position in shares of Schwab U.S. TIPS ETF in the second quarter worth about $43,000.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA SCHP opened at $26.71 on Friday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.68 and a fifty-two week high of $27.19. The business has a 50 day moving average price of $26.91 and a two-hundred day moving average price of $26.74.

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.