International Assets Investment Management LLC bought a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 45,466 shares of the company’s stock, valued at approximately $2,373,000.
A number of other large investors also recently added to or reduced their stakes in SCHP. Asset Dedication LLC increased its stake in shares of Schwab U.S. TIPS ETF by 425.8% in the 3rd quarter. Asset Dedication LLC now owns 510 shares of the company’s stock valued at $25,000 after acquiring an additional 413 shares during the last quarter. Money Concepts Capital Corp increased its stake in shares of Schwab U.S. TIPS ETF by 860.8% in the 4th quarter. Money Concepts Capital Corp now owns 490 shares of the company’s stock valued at $25,000 after acquiring an additional 439 shares during the last quarter. Oliver Lagore Vanvalin Investment Group increased its stake in shares of Schwab U.S. TIPS ETF by 3,229.4% in the 3rd quarter. Oliver Lagore Vanvalin Investment Group now owns 566 shares of the company’s stock valued at $29,000 after acquiring an additional 549 shares during the last quarter. Sunbelt Securities Inc. increased its stake in shares of Schwab U.S. TIPS ETF by 114.5% in the 2nd quarter. Sunbelt Securities Inc. now owns 562 shares of the company’s stock valued at $29,000 after acquiring an additional 300 shares during the last quarter. Finally, NBC Securities Inc. bought a new stake in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at about $31,000.
Schwab U.S. TIPS ETF Stock Up 0.2 %
Shares of SCHP stock opened at $51.33 on Friday. The stock has a 50-day moving average of $51.73 and a 200-day moving average of $51.42. Schwab U.S. TIPS ETF has a one year low of $49.50 and a one year high of $53.92.
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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