FC Advisory LLC Boosts Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

FC Advisory LLC lifted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 308,675 shares of the company’s stock after buying an additional 12,167 shares during the quarter. Schwab U.S. TIPS ETF accounts for approximately 2.8% of FC Advisory LLC’s portfolio, making the stock its 12th biggest position. FC Advisory LLC’s holdings in Schwab U.S. TIPS ETF were worth $8,300,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Global Retirement Partners LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 2.0% in the 4th quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock valued at $538,000 after buying an additional 409 shares during the period. Community Bank N.A. raised its holdings in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock valued at $27,000 after buying an additional 526 shares during the period. Transcendent Capital Group LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 112.1% in the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock valued at $27,000 after buying an additional 554 shares during the period. Blue Bell Private Wealth Management LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock valued at $29,000 after buying an additional 564 shares during the period. Finally, Independence Bank of Kentucky raised its holdings in shares of Schwab U.S. TIPS ETF by 107.0% in the 4th quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock valued at $32,000 after buying an additional 642 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.3%

SCHP stock opened at $26.43 on Friday. Schwab U.S. TIPS ETF has a 12-month low of $25.68 and a 12-month high of $27.06. The business’s fifty day moving average price is $26.50 and its 200 day moving average price is $26.30.

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.