Valpey Financial Services LLC Invests $1.77 Million in Schwab U.S. TIPS ETF $SCHP

Valpey Financial Services LLC acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 66,303 shares of the company’s stock, valued at approximately $1,769,000. Schwab U.S. TIPS ETF makes up approximately 1.2% of Valpey Financial Services LLC’s holdings, making the stock its 29th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. NBC Securities Inc. boosted its holdings in Schwab U.S. TIPS ETF by 115,900.0% in the first quarter. NBC Securities Inc. now owns 1,160 shares of the company’s stock valued at $31,000 after purchasing an additional 1,159 shares in the last quarter. Mogy Joel R Investment Counsel Inc. acquired a new position in Schwab U.S. TIPS ETF in the second quarter valued at approximately $32,000. Abound Wealth Management acquired a new position in Schwab U.S. TIPS ETF in the first quarter valued at approximately $36,000. Center for Financial Planning Inc. acquired a new position in Schwab U.S. TIPS ETF in the first quarter valued at approximately $38,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new position in Schwab U.S. TIPS ETF in the first quarter valued at approximately $41,000.

Schwab U.S. TIPS ETF Stock Down 0.1%

Shares of SCHP opened at $26.87 on Monday. The stock has a 50 day moving average price of $26.85 and a 200 day moving average price of $26.62. Schwab U.S. TIPS ETF has a 52-week low of $25.68 and a 52-week high of $27.19.

Schwab U.S. TIPS ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

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