Sigma Planning Corp Has $870,000 Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Sigma Planning Corp raised its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 87.9% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 33,682 shares of the company’s stock after acquiring an additional 15,752 shares during the period. Sigma Planning Corp’s holdings in Schwab U.S. TIPS ETF were worth $870,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Salem Investment Counselors Inc. increased its stake in Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after acquiring an additional 506 shares during the period. Capital Performance Advisors LLP acquired a new stake in Schwab U.S. TIPS ETF during the third quarter valued at approximately $63,000. Independence Bank of Kentucky grew its stake in shares of Schwab U.S. TIPS ETF by 107.0% in the 4th quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock valued at $32,000 after purchasing an additional 642 shares during the period. Pathway Financial Advisers LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 101.9% in the 4th quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock worth $34,000 after buying an additional 655 shares in the last quarter. Finally, First Community Trust NA lifted its position in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after buying an additional 700 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.5 %

Shares of SCHP stock opened at $26.54 on Wednesday. The stock’s fifty day simple moving average is $26.01 and its 200 day simple moving average is $26.30. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96.

Schwab U.S. TIPS ETF Company 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.