Schwab U.S. TIPS ETF $SCHP Shares Acquired by Financial Architects LLC

Financial Architects LLC raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 1,242,196 shares of the company’s stock after purchasing an additional 30,660 shares during the quarter. Schwab U.S. TIPS ETF makes up approximately 20.1% of Financial Architects LLC’s investment portfolio, making the stock its largest holding. Financial Architects LLC owned approximately 0.25% of Schwab U.S. TIPS ETF worth $33,142,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ascent Group LLC acquired a new stake in Schwab U.S. TIPS ETF during the 2nd quarter valued at approximately $313,000. Pure Financial Advisors LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 0.8% during the 2nd quarter. Pure Financial Advisors LLC now owns 1,328,471 shares of the company’s stock worth $35,444,000 after buying an additional 10,321 shares in the last quarter. Lynx Investment Advisory boosted its holdings in shares of Schwab U.S. TIPS ETF by 5.5% during the 2nd quarter. Lynx Investment Advisory now owns 12,904 shares of the company’s stock worth $344,000 after buying an additional 673 shares in the last quarter. SigFig Wealth Management LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 5.3% during the 2nd quarter. SigFig Wealth Management LLC now owns 60,445 shares of the company’s stock worth $1,607,000 after buying an additional 3,038 shares in the last quarter. Finally, Liberty Capital Management Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 35.8% during the 2nd quarter. Liberty Capital Management Inc. now owns 14,003 shares of the company’s stock worth $374,000 after buying an additional 3,691 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.87 on Friday. Schwab U.S. TIPS ETF has a 52-week low of $25.68 and a 52-week high of $27.19. The stock’s 50 day moving average price is $26.85 and its two-hundred day moving average price is $26.62.

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.