Csenge Advisory Group Purchases 8,823 Shares of Schwab U.S. TIPS ETF $SCHP

Csenge Advisory Group boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 12.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 81,624 shares of the company’s stock after buying an additional 8,823 shares during the period. Csenge Advisory Group’s holdings in Schwab U.S. TIPS ETF were worth $2,164,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Mogy Joel R Investment Counsel Inc. bought a new stake in shares of Schwab U.S. TIPS ETF during the second quarter valued at approximately $32,000. Bessemer Group Inc. bought a new stake in Schwab U.S. TIPS ETF during the 2nd quarter valued at $32,000. Hantz Financial Services Inc. bought a new stake in Schwab U.S. TIPS ETF during the 2nd quarter valued at $35,000. Bogart Wealth LLC increased its stake in Schwab U.S. TIPS ETF by 64.1% during the 2nd quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock valued at $38,000 after purchasing an additional 551 shares in the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC bought a new stake in Schwab U.S. TIPS ETF during the 1st quarter valued at $41,000.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA:SCHP opened at $26.75 on Thursday. The firm has a 50-day moving average of $26.97 and a 200-day moving average of $26.69. Schwab U.S. TIPS ETF has a one year low of $25.68 and a one year high of $27.19.

Schwab U.S. TIPS ETF 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.