Greenspring Advisors LLC Buys 159,742 Shares of Schwab U.S. TIPS ETF $SCHP

Greenspring Advisors LLC grew its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 257.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 221,688 shares of the company’s stock after purchasing an additional 159,742 shares during the quarter. Greenspring Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $5,873,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in SCHP. Founders Financial Alliance LLC raised its holdings in Schwab U.S. TIPS ETF by 392.8% in the 3rd quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock worth $26,000 after purchasing an additional 766 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new stake in shares of Schwab U.S. TIPS ETF in the 4th quarter worth about $29,000. Olistico Wealth LLC purchased a new stake in shares of Schwab U.S. TIPS ETF in the 4th quarter worth about $30,000. Ameritas Investment Partners Inc. grew its position in shares of Schwab U.S. TIPS ETF by 83.9% in 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 during the period. Finally, AlphaCore Capital LLC grew its position in shares of Schwab U.S. TIPS ETF by 375.9% in 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 during the period.

Schwab U.S. TIPS ETF Stock Down 0.2%

NYSEARCA:SCHP opened at $26.59 on Thursday. The firm’s 50-day moving average price is $26.72 and its 200-day moving average price is $26.71. Schwab U.S. TIPS ETF has a 1-year low of $26.20 and a 1-year high of $27.19.

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.