Avior Wealth Management LLC Buys 73,692 Shares of Schwab U.S. TIPS ETF $SCHP

Avior Wealth Management LLC boosted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 8.8% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 914,332 shares of the company’s stock after buying an additional 73,692 shares during the period. Avior Wealth Management LLC owned approximately 0.17% of Schwab U.S. TIPS ETF worth $24,221,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Brighton Jones LLC increased its stake in shares of Schwab U.S. TIPS ETF by 211.4% during the fourth quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock worth $541,000 after purchasing an additional 14,212 shares during the period. AQR Capital Management LLC boosted its stake in Schwab U.S. TIPS ETF by 180.7% in the 1st quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock valued at $2,049,000 after purchasing an additional 49,056 shares during the period. Foundations Investment Advisors LLC acquired a new position in Schwab U.S. TIPS ETF in the 2nd quarter valued at $232,000. Rockefeller Capital Management L.P. acquired a new position in Schwab U.S. TIPS ETF in the 2nd quarter valued at $280,000. Finally, Seeds Investor LLC increased its position in Schwab U.S. TIPS ETF by 4.7% during the 2nd quarter. Seeds Investor LLC now owns 129,666 shares of the company’s stock worth $3,459,000 after buying an additional 5,852 shares during the period.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised 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 12-month low of $25.83 and a 12-month high of $27.19. The business’s 50-day moving average price is $26.72 and its two-hundred day moving average price is $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.