122,006 Schwab U.S. TIPS ETF $SCHP Shares Acquired by RCS Financial Planning LLC

RCS Financial Planning LLC lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1,605.1% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 129,607 shares of the company’s stock after acquiring an additional 122,006 shares during the quarter. Schwab U.S. TIPS ETF accounts for approximately 1.8% of RCS Financial Planning LLC’s portfolio, making the stock its 17th largest holding. RCS Financial Planning LLC’s holdings in Schwab U.S. TIPS ETF were worth $3,257,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Archer Investment Corp raised its holdings in Schwab U.S. TIPS ETF by 212.2% during the first quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after purchasing an additional 660 shares in the last quarter. First Community Trust NA purchased a new stake in Schwab U.S. TIPS ETF in the 3rd quarter valued at approximately $25,000. TOP Private Wealth LLC. purchased a new stake in Schwab U.S. TIPS ETF in the 2nd quarter valued at approximately $38,000. CX Institutional acquired a new position in Schwab U.S. TIPS ETF during the 3rd quarter worth approximately $44,000. Finally, MidFirst Bank acquired a new position in Schwab U.S. TIPS ETF during the 4th quarter worth approximately $50,000.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock traded up $0.07 during trading hours on Wednesday, reaching $25.27. 7,100,631 shares of the company’s stock were exchanged, compared to its average volume of 4,829,873. The company’s 50 day moving average is $25.64 and its two-hundred day moving average is $26.21. Schwab U.S. TIPS ETF has a 1 year low of $25.01 and a 1 year high of $27.15.

About Schwab U.S. TIPS ETF

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.