Schwab U.S. TIPS ETF $SCHP Shares Purchased by Vilga Financial Planning LLC

Vilga Financial Planning LLC grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 190.7% in the first quarter, HoldingsChannel.com reports. The fund owned 225,316 shares of the company’s stock after acquiring an additional 147,808 shares during the quarter. Schwab U.S. TIPS ETF comprises about 5.4% of Vilga Financial Planning LLC’s investment portfolio, making the stock its 2nd biggest position. Vilga Financial Planning LLC’s holdings in Schwab U.S. TIPS ETF were worth $5,996,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SCHP. Lincoln National Corp increased its position in shares of Schwab U.S. TIPS ETF by 180.0% in the first quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock worth $237,038,000 after purchasing an additional 5,726,082 shares during the period. Beacon Pointe Advisors LLC raised its stake in Schwab U.S. TIPS ETF by 839.0% in the fourth quarter. Beacon Pointe Advisors LLC now owns 3,546,615 shares of the company’s stock valued at $93,950,000 after purchasing an additional 3,168,924 shares in the last quarter. Nepc LLC lifted its position in Schwab U.S. TIPS ETF by 64.9% during the fourth quarter. Nepc LLC now owns 7,572,111 shares of the company’s stock worth $200,585,000 after purchasing an additional 2,980,022 shares during the period. Valpey Financial Services LLC lifted its position in Schwab U.S. TIPS ETF by 2,722.6% during the fourth quarter. Valpey Financial Services LLC now owns 1,970,938 shares of the company’s stock worth $52,210,000 after purchasing an additional 1,901,111 shares during the period. Finally, Arax Advisory Partners acquired a new stake in Schwab U.S. TIPS ETF during the fourth quarter worth about $45,636,000.

Schwab U.S. TIPS ETF Stock Performance

Shares of Schwab U.S. TIPS ETF stock opened at $26.09 on Monday. Schwab U.S. TIPS ETF has a 12-month low of $26.03 and a 12-month high of $27.19. The firm’s 50-day moving average price is $26.39 and its two-hundred day moving average price is $26.60.

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.