Clune & Associates LTD. Acquires 455 Shares of Schwab U.S. TIPS ETF $SCHP

Clune & Associates LTD. boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 40,660 shares of the company’s stock after acquiring an additional 455 shares during the period. Clune & Associates LTD.’s holdings in Schwab U.S. TIPS ETF were worth $1,085,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. CWC Advisors LLC. raised its position in shares of Schwab U.S. TIPS ETF by 3.4% in the second quarter. CWC Advisors LLC. now owns 11,653 shares of the company’s stock valued at $311,000 after buying an additional 384 shares in the last quarter. Mutual Advisors LLC increased its stake in Schwab U.S. TIPS ETF by 0.7% during the 1st quarter. Mutual Advisors LLC now owns 61,454 shares of the company’s stock worth $1,637,000 after acquiring an additional 428 shares during the period. Mengis Capital Management Inc. raised its holdings in Schwab U.S. TIPS ETF by 2.8% in the 2nd quarter. Mengis Capital Management Inc. now owns 16,010 shares of the company’s stock valued at $427,000 after acquiring an additional 442 shares in the last quarter. Csenge Advisory Group raised its holdings in Schwab U.S. TIPS ETF by 0.6% in the 1st quarter. Csenge Advisory Group now owns 72,801 shares of the company’s stock valued at $1,924,000 after acquiring an additional 470 shares in the last quarter. Finally, Jackson Creek Investment Advisors LLC raised its holdings in Schwab U.S. TIPS ETF by 1.8% in the 1st quarter. Jackson Creek Investment Advisors LLC now owns 26,862 shares of the company’s stock valued at $722,000 after acquiring an additional 476 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

SCHP opened at $27.05 on Tuesday. Schwab U.S. TIPS ETF has a 52-week low of $25.68 and a 52-week high of $27.19. The business’s fifty day moving average is $26.91 and its 200-day moving average is $26.64.

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.