Soltis Investment Advisors LLC Acquires 37,632 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Soltis Investment Advisors LLC increased its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 106.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 73,058 shares of the company’s stock after purchasing an additional 37,632 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,887,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the business. Savant Capital LLC grew its stake in shares of Schwab U.S. TIPS ETF by 89.6% in the fourth quarter. Savant Capital LLC now owns 603,311 shares of the company’s stock worth $15,584,000 after purchasing an additional 285,027 shares during the last quarter. Liberty Capital Management Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. Liberty Capital Management Inc. now owns 10,312 shares of the company’s stock worth $266,000 after purchasing an additional 5,156 shares during the last quarter. Kestra Private Wealth Services LLC boosted its position in Schwab U.S. TIPS ETF by 158.8% during the fourth quarter. Kestra Private Wealth Services LLC now owns 372,617 shares of the company’s stock valued at $9,625,000 after acquiring an additional 228,641 shares during the last quarter. Moser Wealth Advisors LLC boosted its position in Schwab U.S. TIPS ETF by 95.6% during the fourth quarter. Moser Wealth Advisors LLC now owns 113,582 shares of the company’s stock valued at $2,934,000 after acquiring an additional 55,506 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB boosted its position in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 18,000 shares of the company’s stock valued at $465,000 after acquiring an additional 9,000 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.0 %

Shares of SCHP opened at $26.26 on Tuesday. The firm’s fifty day simple moving average is $26.02 and its two-hundred day simple moving average is $26.30. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month 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.