SouthState Bank Corp acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 28,943 shares of the company’s stock, valued at approximately $770,000.
Other large investors have also made changes to their positions in the company. Archer Investment Corp grew its position in Schwab U.S. TIPS ETF by 212.2% during the first quarter. Archer Investment Corp now owns 971 shares of the company’s stock valued at $26,000 after acquiring an additional 660 shares during the period. Lloyd Advisory Services LLC. purchased a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter worth about $29,000. Olistico Wealth LLC acquired a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter valued at about $30,000. Ameritas Investment Partners Inc. lifted its stake in shares of Schwab U.S. TIPS ETF by 83.9% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after purchasing an additional 547 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its holdings in shares of 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 worth $35,000 after purchasing an additional 541 shares during the period.
Schwab U.S. TIPS ETF Trading Up 0.0%
Shares of NYSEARCA:SCHP opened at $26.21 on Thursday. The stock has a 50-day simple moving average of $26.52 and a 200-day simple moving average of $26.64. Schwab U.S. TIPS ETF has a 1 year low of $26.14 and a 1 year high of $27.19.
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.
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