Sage Financial Group Inc. Grows Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Sage Financial Group Inc. grew its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 94.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 510,612 shares of the company’s stock after purchasing an additional 248,441 shares during the period. Schwab U.S. TIPS ETF comprises about 1.1% of Sage Financial Group Inc.’s holdings, making the stock its 18th largest holding. Sage Financial Group Inc. owned approximately 0.24% of Schwab U.S. TIPS ETF worth $13,189,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Simplicity Wealth LLC lifted its stake in Schwab U.S. TIPS ETF by 6.7% in the third quarter. Simplicity Wealth LLC now owns 5,016 shares of the company’s stock worth $269,000 after purchasing an additional 314 shares during the last quarter. CWM LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 13.9% in the third quarter. CWM LLC now owns 2,810 shares of the company’s stock worth $151,000 after buying an additional 344 shares during the period. Pinnacle Bancorp Inc. lifted its stake in shares of Schwab U.S. TIPS ETF by 2.4% in the 3rd quarter. Pinnacle Bancorp Inc. now owns 15,492 shares of the company’s stock valued at $831,000 after acquiring an additional 364 shares during the last quarter. Covestor Ltd boosted its holdings in Schwab U.S. TIPS ETF by 7.4% during the 3rd quarter. Covestor Ltd now owns 5,625 shares of the company’s stock valued at $302,000 after acquiring an additional 388 shares during the period. Finally, Aptus Capital Advisors LLC grew its position in Schwab U.S. TIPS ETF by 8.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock worth $256,000 after acquiring an additional 392 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.1 %

Shares of Schwab U.S. TIPS ETF stock opened at $26.11 on Thursday. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96. The business’s 50 day simple moving average is $26.03 and its two-hundred 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.