JMG Financial Group Ltd. decreased its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 20.3% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 91,684 shares of the company’s stock after selling 23,362 shares during the quarter. JMG Financial Group Ltd.’s holdings in Schwab U.S. TIPS ETF were worth $2,429,000 at the end of the most recent reporting period.
A number of other large investors also recently bought and sold shares of SCHP. Founders Financial Alliance LLC increased its stake in Schwab U.S. TIPS ETF by 392.8% during the 3rd quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock worth $26,000 after buying an additional 766 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new stake in Schwab U.S. TIPS ETF during the 4th quarter worth approximately $29,000. Olistico Wealth LLC purchased a new stake in Schwab U.S. TIPS ETF during the 4th quarter worth approximately $30,000. Ameritas Investment Partners Inc. increased its stake in Schwab U.S. TIPS ETF by 83.9% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after buying an additional 547 shares in the last quarter. Finally, AlphaCore Capital LLC increased its stake in Schwab U.S. TIPS ETF by 375.9% during the 3rd quarter. AlphaCore Capital LLC now owns 1,561 shares of the company’s stock worth $42,000 after buying an additional 1,233 shares in the last quarter.
Schwab U.S. TIPS ETF Stock Performance
NYSEARCA:SCHP opened at $26.83 on Monday. Schwab U.S. TIPS ETF has a 12 month low of $26.20 and a 12 month high of $27.19. The stock has a 50 day moving average of $26.72 and a two-hundred day moving average of $26.71.
About Schwab U.S. TIPS ETF
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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