SRH Advisors LLC Has $978,000 Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

SRH Advisors LLC increased its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 75.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 37,848 shares of the company’s stock after purchasing an additional 16,256 shares during the quarter. Schwab U.S. TIPS ETF makes up 0.3% of SRH Advisors LLC’s investment portfolio, making the stock its 22nd largest holding. SRH Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $978,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab U.S. TIPS ETF during the 3rd quarter worth $483,000. Brookstone Capital Management boosted its holdings in Schwab U.S. TIPS ETF by 161.2% during the fourth quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock valued at $446,000 after acquiring an additional 10,651 shares during the period. Barrett & Company Inc. grew its position in shares of Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. Barrett & Company Inc. now owns 14,702 shares of the company’s stock valued at $380,000 after purchasing an additional 7,351 shares during the last quarter. Canandaigua National Bank & Trust Co. increased its stake in shares of Schwab U.S. TIPS ETF by 105.0% in the fourth quarter. Canandaigua National Bank & Trust Co. now owns 12,252 shares of the company’s stock worth $316,000 after purchasing an additional 6,276 shares during the period. Finally, Principal Financial Group Inc. lifted its position in shares of Schwab U.S. TIPS ETF by 6.3% during the 3rd quarter. Principal Financial Group Inc. now owns 173,650 shares of the company’s stock worth $9,313,000 after purchasing an additional 10,327 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.0 %

SCHP opened at $26.25 on Wednesday. The stock’s 50 day moving average price is $26.02 and its two-hundred day moving average price is $26.30. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96.

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.