Hyposwiss Advisors SA Invests $1.63 Million in Schwab U.S. TIPS ETF $SCHP

Hyposwiss Advisors SA acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 61,386 shares of the company’s stock, valued at approximately $1,626,000. Schwab U.S. TIPS ETF accounts for about 1.6% of Hyposwiss Advisors SA’s holdings, making the stock its 22nd largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in SCHP. Pine Haven Investment Counsel Inc lifted its stake in Schwab U.S. TIPS ETF by 0.9% during the 4th quarter. Pine Haven Investment Counsel Inc now owns 42,192 shares of the company’s stock valued at $1,118,000 after acquiring an additional 390 shares during the period. Fortis Capital Management LLC lifted its stake in Schwab U.S. TIPS ETF by 1.3% during the 4th quarter. Fortis Capital Management LLC now owns 30,765 shares of the company’s stock valued at $815,000 after acquiring an additional 390 shares during the period. Cape Investment Advisory Inc. lifted its stake in Schwab U.S. TIPS ETF by 21.2% during the 3rd quarter. Cape Investment Advisory Inc. now owns 2,356 shares of the company’s stock valued at $63,000 after acquiring an additional 412 shares during the period. Vista Capital Partners Inc. lifted its stake in Schwab U.S. TIPS ETF by 2.8% during the 4th quarter. Vista Capital Partners Inc. now owns 19,104 shares of the company’s stock valued at $506,000 after acquiring an additional 523 shares during the period. Finally, CIBC Private Wealth Group LLC lifted its stake in Schwab U.S. TIPS ETF by 69.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock valued at $35,000 after acquiring an additional 541 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA SCHP opened at $26.40 on Thursday. Schwab U.S. TIPS ETF has a 12 month low of $26.40 and a 12 month high of $27.19. The company has a 50 day simple moving average of $26.71 and a two-hundred day simple moving average of $26.68.

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.