Schwab U.S. TIPS ETF (NYSEARCA:SCHP) is FDx Advisors Inc.’s 5th Largest Position

FDx Advisors Inc. grew its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 585,304 shares of the company’s stock after buying an additional 293,439 shares during the period. Schwab U.S. TIPS ETF makes up 4.4% of FDx Advisors Inc.’s portfolio, making the stock its 5th largest holding. FDx Advisors Inc. owned approximately 0.28% of Schwab U.S. TIPS ETF worth $15,118,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Citizens National Bank Trust Department grew its stake in shares of Schwab U.S. TIPS ETF by 90.6% in the 4th quarter. Citizens National Bank Trust Department now owns 51,141 shares of the company’s stock worth $1,321,000 after buying an additional 24,314 shares in the last quarter. Advyzon Investment Management LLC purchased a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter worth $529,000. Jacobson & Schmitt Advisors LLC purchased a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter worth $3,534,000. Private Advisor Group LLC grew its stake in shares of Schwab U.S. TIPS ETF by 80.7% in the 4th quarter. Private Advisor Group LLC now owns 135,899 shares of the company’s stock worth $3,510,000 after buying an additional 60,676 shares in the last quarter. Finally, Vista Capital Partners Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 223.7% in the 4th quarter. Vista Capital Partners Inc. now owns 13,404 shares of the company’s stock worth $346,000 after buying an additional 9,263 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.32 on Friday. The firm has a 50-day moving average price of $26.00 and a 200-day moving average price of $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.