Anderson Hoagland & Co. grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 12.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 184,558 shares of the company’s stock after buying an additional 20,558 shares during the quarter. Anderson Hoagland & Co.’s holdings in Schwab U.S. TIPS ETF were worth $4,889,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in SCHP. Founders Financial Alliance LLC grew its position in Schwab U.S. TIPS ETF by 392.8% during the third quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock valued at $26,000 after acquiring an additional 766 shares during the last quarter. Financial Consulate Inc. bought a new position in shares of Schwab U.S. TIPS ETF during the 3rd quarter valued at $29,000. Ameritas Investment Partners Inc. raised its position in Schwab U.S. TIPS ETF by 83.9% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after purchasing an additional 547 shares during the period. Glass Jacobson Investment Advisors llc raised its position in Schwab U.S. TIPS ETF by 35.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock worth $40,000 after purchasing an additional 383 shares during the period. Finally, AlphaCore Capital LLC lifted its stake in Schwab U.S. TIPS ETF by 375.9% in the third quarter. AlphaCore Capital LLC now owns 1,561 shares of the company’s stock worth $42,000 after purchasing an additional 1,233 shares during the last quarter.
Analyst Ratings Changes
Separately, Sanford C. Bernstein upgraded shares of Schwab U.S. TIPS ETF to a “hold” rating in a research report on Friday, December 5th.
Schwab U.S. TIPS ETF Trading Down 0.1%
Schwab U.S. TIPS ETF stock opened at $26.78 on Friday. Schwab U.S. TIPS ETF has a 1-year low of $25.83 and a 1-year high of $27.19. The firm has a 50-day moving average of $26.72 and a 200-day moving average of $26.80.
About Schwab U.S. TIPS ETF
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.
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