MONECO Advisors LLC Has $234,000 Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

MONECO Advisors LLC boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 110.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 9,041 shares of the company’s stock after purchasing an additional 4,735 shares during the quarter. MONECO Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $234,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Salem Investment Counselors Inc. raised its holdings in Schwab U.S. TIPS ETF by 91.8% during the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after buying an additional 506 shares during the period. Capital Performance Advisors LLP acquired a new stake in Schwab U.S. TIPS ETF during the 3rd quarter worth about $63,000. Independence Bank of Kentucky raised its holdings in Schwab U.S. TIPS ETF by 107.0% during the 4th quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock worth $32,000 after buying an additional 642 shares during the period. Pathway Financial Advisers LLC raised its holdings in Schwab U.S. TIPS ETF by 101.9% during 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 during the period. Finally, First Community Trust NA increased its holdings in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after purchasing an additional 700 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.5 %

Shares of SCHP opened at $26.54 on Wednesday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96. The business’s 50-day moving average is $26.01 and its 200-day moving average is $26.30.

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.