Whipplewood Advisors LLC raised its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 12,871.4% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,816 shares of the company’s stock after buying an additional 1,802 shares during the period. Whipplewood Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $48,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Mogy Joel R Investment Counsel Inc. purchased a new stake in Schwab U.S. TIPS ETF during the second quarter valued at about $32,000. Bogart Wealth LLC boosted its position in Schwab U.S. TIPS ETF by 64.1% during the second quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock valued at $38,000 after buying an additional 551 shares during the period. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in Schwab U.S. TIPS ETF during the first quarter valued at about $41,000. Horizon Bancorp Inc. IN purchased a new stake in Schwab U.S. TIPS ETF during the second quarter valued at about $43,000. Finally, Blue Trust Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 9,031.8% during the second quarter. Blue Trust Inc. now owns 2,009 shares of the company’s stock worth $54,000 after purchasing an additional 1,987 shares during the period.
Schwab U.S. TIPS ETF Stock Performance
Schwab U.S. TIPS ETF stock opened at $27.08 on Tuesday. The firm has a 50-day moving average of $26.96 and a 200-day moving average of $26.66. Schwab U.S. TIPS ETF has a 1-year low of $25.68 and a 1-year high of $27.19.
Schwab U.S. TIPS ETF 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.
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