First Heartland Consultants Inc. Acquires 4,278 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

First Heartland Consultants Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 28.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 19,198 shares of the company’s stock after acquiring an additional 4,278 shares during the quarter. First Heartland Consultants Inc.’s holdings in Schwab U.S. TIPS ETF were worth $496,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of SCHP. Allworth Financial LP lifted its position in shares of Schwab U.S. TIPS ETF by 820.4% during the fourth quarter. Allworth Financial LP now owns 17,976 shares of the company’s stock worth $466,000 after purchasing an additional 16,023 shares during the last quarter. Blair William & Co. IL increased its stake in Schwab U.S. TIPS ETF by 89.5% in the 4th quarter. Blair William & Co. IL now owns 13,434 shares of the company’s stock worth $347,000 after buying an additional 6,344 shares during the period. Franklin Resources Inc. lifted its holdings in Schwab U.S. TIPS ETF by 101.1% during the 4th quarter. Franklin Resources Inc. now owns 7,354 shares of the company’s stock valued at $190,000 after buying an additional 3,698 shares in the last quarter. Independent Advisor Alliance bought a new stake in Schwab U.S. TIPS ETF during the 4th quarter valued at about $376,000. Finally, Fi3 FINANCIAL ADVISORS LLC boosted its position in Schwab U.S. TIPS ETF by 85.4% in the 4th quarter. Fi3 FINANCIAL ADVISORS LLC now owns 233,975 shares of the company’s stock valued at $6,044,000 after buying an additional 107,750 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock opened at $26.22 on Thursday. The company’s 50-day simple moving average is $26.52 and its two-hundred day simple moving average is $26.30. Schwab U.S. TIPS ETF has a one year low of $25.68 and a one year high of $27.06.

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.