Armstrong Advisory Group Inc. lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 6,626.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 621,258 shares of the company’s stock after acquiring an additional 612,022 shares during the quarter. Schwab U.S. TIPS ETF accounts for 1.2% of Armstrong Advisory Group Inc.’s holdings, making the stock its 21st biggest position. Armstrong Advisory Group Inc. owned approximately 0.12% of Schwab U.S. TIPS ETF worth $16,743,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the stock. Mogy Joel R Investment Counsel Inc. purchased a new stake in Schwab U.S. TIPS ETF in the 2nd quarter worth approximately $32,000. Bessemer Group Inc. acquired a new position in shares of Schwab U.S. TIPS ETF during the 2nd quarter worth approximately $32,000. Hantz Financial Services Inc. purchased a new position in shares of Schwab U.S. TIPS ETF during the 2nd quarter valued at approximately $35,000. Bogart Wealth LLC lifted its position in shares of Schwab U.S. TIPS ETF by 64.1% during the 2nd quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock valued at $38,000 after buying an additional 551 shares in the last quarter. Finally, Horizon Bancorp Inc. IN acquired a new stake in Schwab U.S. TIPS ETF in the 2nd quarter valued at $43,000.
Wall Street Analyst Weigh In
Separately, Sanford C. Bernstein raised Schwab U.S. TIPS ETF to a “hold” rating in a research note on Friday, December 5th.
Schwab U.S. TIPS ETF Trading Up 0.1%
Shares of Schwab U.S. TIPS ETF stock opened at $26.67 on Thursday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.68 and a fifty-two week high of $27.19. The stock has a 50 day moving average of $26.87 and a 200 day moving average of $26.75.
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.
Featured Stories
- Five stocks we like better than Schwab U.S. TIPS ETF
- Biggest Stock Losers – Today’s Biggest Percentage Decliners
- Post 35% Surge, Analysts Eye More Upside in Copper Giant Freeport
- Special Purpose Acquisition Company (SPAC) What You Need to Know
- Why a SpaceX IPO Could Be a Major Catalyst for GOOGL Stock
- The Basics of Support and Resistance
- Can Upwork Maintain Its Comeback? Reasons to Be Bullish and Bearish
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.
