American Financial Advisors LLC Buys 27,918 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

American Financial Advisors LLC grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 77.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 63,840 shares of the company’s stock after acquiring an additional 27,918 shares during the period. American Financial Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,649,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in the company. CWM LLC grew its holdings in Schwab U.S. TIPS ETF by 13.9% in the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $151,000 after buying an additional 344 shares in the last quarter. Kohmann Bosshard Financial Services LLC boosted its position in shares of Schwab U.S. TIPS ETF by 3.6% in the third quarter. Kohmann Bosshard Financial Services LLC now owns 551,434 shares of the company’s stock valued at $29,573,000 after acquiring an additional 19,047 shares during the period. Raymond James & Associates grew its stake in shares of Schwab U.S. TIPS ETF by 48.8% in the third quarter. Raymond James & Associates now owns 126,739 shares of the company’s stock valued at $6,797,000 after acquiring an additional 41,577 shares in the last quarter. Verde Capital Management increased its position in Schwab U.S. TIPS ETF by 4.9% during the third quarter. Verde Capital Management now owns 71,266 shares of the company’s stock worth $3,822,000 after acquiring an additional 3,298 shares during the period. Finally, Veracity Capital LLC raised its stake in Schwab U.S. TIPS ETF by 5.3% in the 3rd quarter. Veracity Capital LLC now owns 19,681 shares of the company’s stock worth $1,055,000 after purchasing an additional 985 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA SCHP opened at $26.30 on Friday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The firm has a 50-day moving average price of $26.01 and a two-hundred day moving average price of $26.30.

Schwab U.S. TIPS ETF Company 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.