Ballast Advisors LLC Has $144,000 Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Ballast Advisors LLC increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 116.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,569 shares of the company’s stock after acquiring an additional 2,992 shares during the quarter. Ballast Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $144,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. CIBC Asset Management Inc bought a new position in Schwab U.S. TIPS ETF during the third quarter worth about $550,000. Thrivent Financial for Lutherans raised 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 worth $12,705,000 after purchasing an additional 24,850 shares during the period. Commerce Bank lifted its holdings in shares of Schwab U.S. TIPS ETF by 2.9% during the 3rd quarter. Commerce Bank now owns 19,445 shares of the company’s stock valued at $1,043,000 after purchasing an additional 552 shares in the last quarter. Citigroup Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 0.8% during the 3rd quarter. Citigroup Inc. now owns 359,330 shares of the company’s stock valued at $19,271,000 after purchasing an additional 2,813 shares in the last quarter. Finally, Asset Management Group Inc. increased its stake in Schwab U.S. TIPS ETF by 0.9% during the 3rd quarter. Asset Management Group Inc. now owns 292,123 shares of the company’s stock worth $15,667,000 after purchasing an additional 2,595 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.1 %

SCHP stock opened at $26.68 on Friday. The stock has a 50-day moving average price of $26.28 and a two-hundred day moving average price of $26.32. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96.

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.