Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Stake Boosted by Alpha Omega Wealth Management LLC

Alpha Omega Wealth Management LLC raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 205.8% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 208,560 shares of the company’s stock after buying an additional 140,364 shares during the quarter. Schwab U.S. TIPS ETF accounts for 1.0% of Alpha Omega Wealth Management LLC’s portfolio, making the stock its 25th largest position. Alpha Omega Wealth Management LLC owned about 0.10% of Schwab U.S. TIPS ETF worth $5,387,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Renaissance Technologies LLC purchased a new stake in Schwab U.S. TIPS ETF in the 2nd quarter worth about $943,000. NewEdge Advisors LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 47.5% during the second quarter. NewEdge Advisors LLC now owns 46,833 shares of the company’s stock worth $2,436,000 after purchasing an additional 15,089 shares during the period. EP Wealth Advisors LLC purchased a new position in Schwab U.S. TIPS ETF during the second quarter valued at approximately $203,000. Cetera Investment Advisers increased its stake in Schwab U.S. TIPS ETF by 11.9% in the 2nd quarter. Cetera Investment Advisers now owns 356,016 shares of the company’s stock valued at $18,516,000 after buying an additional 37,826 shares during the period. Finally, Sanctuary Advisors LLC acquired a new stake in shares of Schwab U.S. TIPS ETF during the 2nd quarter valued at $6,904,000.

Schwab U.S. TIPS ETF Stock Up 0.1 %

NYSEARCA SCHP opened at $26.15 on Friday. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96. The firm’s fifty day simple moving average is $26.03 and its 200-day simple moving average is $26.29.

About Schwab U.S. TIPS ETF

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

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