Baker Ellis Asset Management LLC Purchases 125,180 Shares of Schwab U.S. TIPS ETF $SCHP

Baker Ellis Asset Management LLC acquired a new stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 125,180 shares of the company’s stock, valued at approximately $3,146,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Ridgewood Investments LLC lifted its holdings in Schwab U.S. TIPS ETF by 145.4% during the 3rd quarter. Ridgewood Investments LLC now owns 99,933 shares of the company’s stock worth $2,511,000 after purchasing an additional 59,216 shares during the last quarter. Armstrong Advisory Group Inc. raised its position in shares of Schwab U.S. TIPS ETF by 2.9% in the third quarter. Armstrong Advisory Group Inc. now owns 3,629,675 shares of the company’s stock valued at $91,214,000 after buying an additional 102,157 shares in the last quarter. Decker Retirement Planning Inc. grew its position in Schwab U.S. TIPS ETF by 17.3% during the first quarter. Decker Retirement Planning Inc. now owns 143,728 shares of the company’s stock worth $3,825,000 after buying an additional 21,239 shares in the last quarter. Peak Financial Management Inc. raised its holdings in Schwab U.S. TIPS ETF by 5.9% in the 1st quarter. Peak Financial Management Inc. now owns 351,526 shares of the company’s stock valued at $9,354,000 after acquiring an additional 19,702 shares in the last quarter. Finally, Capital Analysts LLC increased its position in shares of Schwab U.S. TIPS ETF by 11.3% in the second quarter. Capital Analysts LLC now owns 486,183 shares of the company’s stock worth $12,884,000 after purchasing an additional 49,391 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.3%

Schwab U.S. TIPS ETF stock traded up $0.07 during trading hours on Wednesday, reaching $25.27. 7,100,631 shares of the stock were exchanged, compared to its average volume of 4,829,873. The stock has a 50 day moving average of $25.64 and a two-hundred day moving average of $26.21. Schwab U.S. TIPS ETF has a twelve month low of $25.01 and a twelve month high of $27.15.

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.