Moser Wealth Advisors LLC Acquires 55,506 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Moser Wealth Advisors LLC increased its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 95.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 113,582 shares of the company’s stock after acquiring an additional 55,506 shares during the quarter. Schwab U.S. TIPS ETF comprises approximately 1.5% of Moser Wealth Advisors LLC’s portfolio, making the stock its 15th biggest position. Moser Wealth Advisors LLC owned 0.05% of Schwab U.S. TIPS ETF worth $2,934,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. CENTRAL TRUST Co grew its stake in Schwab U.S. TIPS ETF by 92.2% in the fourth quarter. CENTRAL TRUST Co now owns 5,872,188 shares of the company’s stock worth $151,679,000 after purchasing an additional 2,817,586 shares during the period. Quadratic Capital Management LLC boosted its stake in Schwab U.S. TIPS ETF by 24.5% during the fourth quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock worth $367,692,000 after acquiring an additional 2,803,683 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in Schwab U.S. TIPS ETF by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock worth $534,806,000 after purchasing an additional 1,458,886 shares during the period. Stephens Group Asset Management LLC increased its stake in shares of Schwab U.S. TIPS ETF by 105.9% during the fourth quarter. Stephens Group Asset Management LLC now owns 1,696,759 shares of the company’s stock valued at $43,827,000 after purchasing an additional 872,511 shares in the last quarter. Finally, Empower Advisory Group LLC grew its stake in shares of Schwab U.S. TIPS ETF by 5.1% in the 3rd quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock worth $951,174,000 after buying an additional 857,417 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA:SCHP opened at $26.25 on Friday. The business has a fifty day moving average price of $26.02 and a 200-day moving average price of $26.30. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96.

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.