Strategic Financial Planning Inc. Grows Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Strategic Financial Planning Inc. boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 108.6% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 50,150 shares of the company’s stock after acquiring an additional 26,114 shares during the period. Schwab U.S. TIPS ETF accounts for 0.9% of Strategic Financial Planning Inc.’s portfolio, making the stock its 22nd largest holding. Strategic Financial Planning Inc.’s holdings in Schwab U.S. TIPS ETF were worth $1,295,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of SCHP. Transce3nd LLC purchased a new position in Schwab U.S. TIPS ETF during the 4th quarter valued at approximately $228,000. Trajan Wealth LLC increased its position in Schwab U.S. TIPS ETF by 101.5% in the fourth quarter. Trajan Wealth LLC now owns 260,341 shares of the company’s stock worth $6,725,000 after purchasing an additional 131,111 shares during the last quarter. MML Investors Services LLC raised its stake in Schwab U.S. TIPS ETF by 109.8% during the fourth quarter. MML Investors Services LLC now owns 267,024 shares of the company’s stock valued at $6,897,000 after purchasing an additional 139,761 shares in the last quarter. Commerce Bank lifted its position in Schwab U.S. TIPS ETF by 31.0% during the fourth quarter. Commerce Bank now owns 25,482 shares of the company’s stock valued at $658,000 after purchasing an additional 6,037 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. increased its holdings in shares of Schwab U.S. TIPS ETF by 102.8% in the 4th quarter. Concourse Financial Group Securities Inc. now owns 22,568 shares of the company’s stock worth $585,000 after buying an additional 11,441 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of NYSEARCA:SCHP opened at $26.43 on Monday. The company has a 50-day moving average price of $26.51 and a 200 day moving average price of $26.29. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $27.06.

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.