Williams Financial LLC Purchases New Position in Schwab U.S. TIPS ETF $SCHP

Williams Financial LLC purchased a new stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 215,919 shares of the company’s stock, valued at approximately $5,720,000. Schwab U.S. TIPS ETF comprises about 3.3% of Williams Financial LLC’s portfolio, making the stock its 8th largest holding.

A number of other institutional investors have also recently made changes to their positions in the business. Vista Capital Partners Inc. raised its position in Schwab U.S. TIPS ETF by 2.8% in the 4th quarter. Vista Capital Partners Inc. now owns 19,104 shares of the company’s stock worth $506,000 after purchasing an additional 523 shares during the period. Truist Financial Corp raised its position in Schwab U.S. TIPS ETF by 2.7% in the 4th quarter. Truist Financial Corp now owns 305,293 shares of the company’s stock worth $8,087,000 after purchasing an additional 8,169 shares during the period. Sagace Wealth Management LLC raised its position in Schwab U.S. TIPS ETF by 1.0% in the 4th quarter. Sagace Wealth Management LLC now owns 182,115 shares of the company’s stock worth $4,824,000 after purchasing an additional 1,724 shares during the period. Mcdonald Partners LLC raised its position in Schwab U.S. TIPS ETF by 11.6% in the 4th quarter. Mcdonald Partners LLC now owns 9,365 shares of the company’s stock worth $248,000 after purchasing an additional 972 shares during the period. Finally, CENTRAL TRUST Co raised its position in Schwab U.S. TIPS ETF by 4.4% in the 4th quarter. CENTRAL TRUST Co now owns 7,633,537 shares of the company’s stock worth $202,212,000 after purchasing an additional 320,554 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Schwab U.S. TIPS ETF stock opened at $26.80 on Tuesday. Schwab U.S. TIPS ETF has a 1-year low of $26.20 and a 1-year high of $27.19. The company’s 50-day moving average is $26.76 and its 200 day moving average is $26.74.

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.