United Capital Financial Advisors LLC Grows Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

United Capital Financial Advisors LLC grew its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 111.1% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 8,660 shares of the company’s stock after acquiring an additional 4,557 shares during the quarter. United Capital Financial Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $224,000 as of its most recent filing with the SEC.

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

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $26.41 on Wednesday. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $27.06. The company’s fifty day moving average is $26.52 and its two-hundred day moving average is $26.29.

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.