Altfest L J & Co. Inc. increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 2.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,037,771 shares of the company’s stock after buying an additional 28,192 shares during the quarter. Schwab U.S. TIPS ETF comprises approximately 3.0% of Altfest L J & Co. Inc.’s portfolio, making the stock its 6th largest position. Altfest L J & Co. Inc. owned about 0.18% of Schwab U.S. TIPS ETF worth $27,491,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Founders Financial Alliance LLC raised its position in shares of Schwab U.S. TIPS ETF by 392.8% during the 3rd quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock valued at $26,000 after buying an additional 766 shares during the period. Financial Consulate Inc. purchased a new stake in Schwab U.S. TIPS ETF in the third quarter valued at approximately $29,000. Olistico Wealth LLC purchased a new stake in Schwab U.S. TIPS ETF in the fourth quarter valued at approximately $30,000. Ameritas Investment Partners Inc. raised its position in Schwab U.S. TIPS ETF by 83.9% in the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after purchasing an additional 547 shares during the period. Finally, Glass Jacobson Investment Advisors llc raised its position in Schwab U.S. TIPS ETF by 35.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock valued at $40,000 after purchasing an additional 383 shares during the period.
Schwab U.S. TIPS ETF Price Performance
Shares of NYSEARCA SCHP opened at $26.73 on Friday. Schwab U.S. TIPS ETF has a 52-week low of $25.83 and a 52-week high of $27.19. The business’s 50 day moving average is $26.73 and its two-hundred day moving average is $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.
Read More
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.
