Physician Wealth Advisors Inc. Makes New $151,000 Investment in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Physician Wealth Advisors Inc. purchased a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 5,860 shares of the company’s stock, valued at approximately $151,000.

Several other institutional investors have also made changes to their positions in SCHP. Salem Investment Counselors Inc. boosted its holdings in Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after purchasing an additional 506 shares in the last quarter. Transcendent Capital Group LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 112.1% during the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after acquiring an additional 554 shares in the last quarter. Community Bank N.A. boosted its stake in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock worth $27,000 after acquiring an additional 526 shares in the last quarter. Blue Bell Private Wealth Management LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock valued at $29,000 after acquiring an additional 564 shares during the last quarter. Finally, Lindbrook Capital LLC raised its stake in shares of Schwab U.S. TIPS ETF by 24,260.0% in the 4th quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock valued at $31,000 after acquiring an additional 1,213 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.6 %

Shares of Schwab U.S. TIPS ETF stock opened at $26.78 on Monday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The stock has a 50 day moving average price of $26.38 and a two-hundred day moving average price of $26.32.

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.