Madden Advisory Services Inc. Boosts Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Madden Advisory Services Inc. raised its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 130.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,949 shares of the company’s stock after buying an additional 5,058 shares during the quarter. Madden Advisory Services Inc.’s holdings in Schwab U.S. TIPS ETF were worth $231,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Global Retirement Partners LLC increased its holdings in Schwab U.S. TIPS ETF by 2.0% in the 4th quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock valued at $538,000 after acquiring an additional 409 shares during the last quarter. Salem Investment Counselors Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after purchasing an additional 506 shares in the last quarter. Community Bank N.A. increased its position in Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock worth $27,000 after purchasing an additional 526 shares during the last quarter. Transcendent Capital Group LLC grew its stake in shares of Schwab U.S. TIPS ETF by 112.1% in the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after buying an additional 554 shares in the last quarter. Finally, Blue Bell Private Wealth Management LLC raised its position in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock valued at $29,000 after buying an additional 564 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.1 %

SCHP opened at $26.18 on Monday. The stock’s 50 day moving average price is $26.50 and its 200-day moving average price is $26.30. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $27.06.

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.