Anchor Investment Management LLC Purchases 16,987 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Anchor Investment Management LLC boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 70.3% during the 4th quarter, Holdings Channel reports. The fund owned 41,148 shares of the company’s stock after buying an additional 16,987 shares during the period. Anchor Investment Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,063,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Schwab U.S. TIPS ETF in the 3rd quarter worth about $483,000. Brookstone Capital Management raised its stake in shares of Schwab U.S. TIPS ETF by 161.2% in the fourth quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock worth $446,000 after purchasing an additional 10,651 shares during the last quarter. Allworth Financial LP lifted its holdings in shares of Schwab U.S. TIPS ETF by 820.4% in the fourth quarter. Allworth Financial LP now owns 17,976 shares of the company’s stock valued at $466,000 after purchasing an additional 16,023 shares in the last quarter. Blair William & Co. IL boosted its position in shares of Schwab U.S. TIPS ETF by 89.5% during the fourth quarter. Blair William & Co. IL now owns 13,434 shares of the company’s stock valued at $347,000 after buying an additional 6,344 shares during the last quarter. Finally, Independent Advisor Alliance purchased a new stake in Schwab U.S. TIPS ETF in the 4th quarter valued at $376,000.

Schwab U.S. TIPS ETF Trading Down 0.0 %

NYSEARCA SCHP opened at $26.31 on Wednesday. The company has a fifty day moving average price of $26.50 and a 200-day moving average price of $26.30. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $27.06.

Schwab U.S. TIPS ETF Company Profile

(Free Report)

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.

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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report).

Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

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