MPS Loria Financial Planners LLC boosted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 104.4% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 160,336 shares of the company’s stock after acquiring an additional 81,903 shares during the quarter. Schwab U.S. TIPS ETF accounts for 1.2% of MPS Loria Financial Planners LLC’s portfolio, making the stock its 6th largest position. MPS Loria Financial Planners LLC’s holdings in Schwab U.S. TIPS ETF were worth $4,141,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Salem Investment Counselors Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 91.8% during the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after acquiring an additional 506 shares in the last quarter. First Community Trust NA boosted its holdings in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after purchasing an additional 700 shares during the last quarter. Capital Performance Advisors LLP bought a new position in Schwab U.S. TIPS ETF in the third quarter valued at $63,000. Pacifica Partners Inc. increased its stake in Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Pacifica Partners Inc. now owns 3,076 shares of the company’s stock valued at $79,000 after buying an additional 1,538 shares during the last quarter. Finally, Fairscale Capital LLC bought a new stake in Schwab U.S. TIPS ETF during the 2nd quarter worth about $105,000.
Schwab U.S. TIPS ETF Stock Up 0.7 %
NYSEARCA:SCHP opened at $25.90 on Thursday. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96. The stock’s 50-day simple moving average is $26.06 and its 200 day simple moving average is $26.30.
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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