AMG National Trust Bank Grows Stock Holdings in Schwab U.S. TIPS ETF $SCHP

AMG National Trust Bank raised its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 183.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 158,472 shares of the company’s stock after acquiring an additional 102,539 shares during the quarter. AMG National Trust Bank’s holdings in Schwab U.S. TIPS ETF were worth $4,271,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in SCHP. Fortis Advisors LLC raised its stake in shares of Schwab U.S. TIPS ETF by 14.2% during the 3rd quarter. Fortis Advisors LLC now owns 215,283 shares of the company’s stock valued at $5,802,000 after purchasing an additional 26,794 shares during the period. Maridea Wealth Management LLC boosted its stake in Schwab U.S. TIPS ETF by 3.5% in the 3rd quarter. Maridea Wealth Management LLC now owns 42,554 shares of the company’s stock worth $1,151,000 after purchasing an additional 1,450 shares during the period. Wealthcare Capital Partners LLC grew its holdings in Schwab U.S. TIPS ETF by 6.9% during the 3rd quarter. Wealthcare Capital Partners LLC now owns 248,466 shares of the company’s stock valued at $6,696,000 after buying an additional 15,963 shares in the last quarter. Wealthcare Advisory Partners LLC grew its holdings in Schwab U.S. TIPS ETF by 13.0% during the 3rd quarter. Wealthcare Advisory Partners LLC now owns 1,289,930 shares of the company’s stock valued at $34,764,000 after buying an additional 148,297 shares in the last quarter. Finally, Wealthcare Capital Management LLC increased its position in shares of Schwab U.S. TIPS ETF by 5.8% during the third quarter. Wealthcare Capital Management LLC now owns 381,408 shares of the company’s stock valued at $10,279,000 after buying an additional 20,749 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

SCHP opened at $26.81 on Friday. The stock has a 50-day moving average price of $26.61 and a 200-day moving average price of $26.79. Schwab U.S. TIPS ETF has a 12-month low of $25.83 and a 12-month high of $27.19.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised shares of Schwab U.S. TIPS ETF to a “hold” rating in a report on Friday, December 5th.

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.