CENTRAL TRUST Co Acquires 320,554 Shares of Schwab U.S. TIPS ETF $SCHP

CENTRAL TRUST Co increased its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.4% in the 4th quarter, HoldingsChannel.com reports. The firm owned 7,633,537 shares of the company’s stock after buying an additional 320,554 shares during the quarter. Schwab U.S. TIPS ETF comprises about 4.0% of CENTRAL TRUST Co’s holdings, making the stock its 3rd biggest position. CENTRAL TRUST Co’s holdings in Schwab U.S. TIPS ETF were worth $202,212,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Ashton Thomas Securities LLC lifted its holdings in Schwab U.S. TIPS ETF by 4,832.0% in the fourth quarter. Ashton Thomas Securities LLC now owns 2,466 shares of the company’s stock worth $65,000 after purchasing an additional 2,416 shares during the period. Cornerstone Planning Group LLC lifted its holdings in Schwab U.S. TIPS ETF by 1,883.8% in the fourth quarter. Cornerstone Planning Group LLC now owns 2,202 shares of the company’s stock worth $59,000 after purchasing an additional 2,091 shares during the period. Chapman Financial Group LLC lifted its holdings in Schwab U.S. TIPS ETF by 28.4% in the fourth quarter. Chapman Financial Group LLC now owns 32,326 shares of the company’s stock worth $856,000 after purchasing an additional 7,150 shares during the period. Fifth Third Bancorp lifted its holdings in Schwab U.S. TIPS ETF by 3.3% in the fourth quarter. Fifth Third Bancorp now owns 198,479 shares of the company’s stock worth $5,258,000 after purchasing an additional 6,408 shares during the period. Finally, GenTrust LLC lifted its holdings in Schwab U.S. TIPS ETF by 0.7% in the fourth quarter. GenTrust LLC now owns 123,850 shares of the company’s stock worth $3,281,000 after purchasing an additional 890 shares during the period.

Schwab U.S. TIPS ETF Stock Down 0.0%

SCHP stock opened at $26.86 on Friday. The company has a 50-day simple moving average of $26.76 and a 200 day simple moving average of $26.75. Schwab U.S. TIPS ETF has a fifty-two week low of $26.20 and a fifty-two week high of $27.19.

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.