Koss Olinger Consulting LLC Boosts Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Koss Olinger Consulting LLC raised its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 87.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 73,885 shares of the company’s stock after purchasing an additional 34,397 shares during the period. Koss Olinger Consulting LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,908,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of SCHP. Principal Financial Group Inc. raised its position in shares of Schwab U.S. TIPS ETF by 6.3% in the third quarter. Principal Financial Group Inc. now owns 173,650 shares of the company’s stock valued at $9,313,000 after buying an additional 10,327 shares during the last quarter. CIBC Asset Management Inc acquired a new stake in shares of Schwab U.S. TIPS ETF during the third quarter valued at about $550,000. Thrivent Financial for Lutherans increased its position in shares of Schwab U.S. TIPS ETF by 11.7% during the third quarter. Thrivent Financial for Lutherans now owns 236,898 shares of the company’s stock valued at $12,705,000 after acquiring an additional 24,850 shares during the last quarter. Joseph Group Capital Management increased its position in shares of Schwab U.S. TIPS ETF by 1.1% during the third quarter. Joseph Group Capital Management now owns 503,163 shares of the company’s stock valued at $26,985,000 after acquiring an additional 5,479 shares during the last quarter. Finally, Fortis Advisors LLC acquired a new stake in shares of Schwab U.S. TIPS ETF during the third quarter valued at about $5,490,000.

Schwab U.S. TIPS ETF Trading Up 0.1 %

Shares of SCHP opened at $26.52 on Wednesday. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96. The firm has a 50-day simple moving average of $26.25 and a two-hundred day simple moving average of $26.31.

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.