Vestmark Advisory Solutions Inc. Grows Stock Holdings in Schwab U.S. TIPS ETF $SCHP

Vestmark Advisory Solutions Inc. boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 158.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 283,610 shares of the company’s stock after purchasing an additional 173,978 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Schwab U.S. TIPS ETF were worth $7,567,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SCHP. Grey Fox Wealth Advisors LLC raised its stake in Schwab U.S. TIPS ETF by 7.7% during the 2nd quarter. Grey Fox Wealth Advisors LLC now owns 179,195 shares of the company’s stock valued at $4,781,000 after buying an additional 12,804 shares during the last quarter. Maltin Wealth Management Inc. boosted its stake in shares of Schwab U.S. TIPS ETF by 4.4% in the 2nd quarter. Maltin Wealth Management Inc. now owns 89,523 shares of the company’s stock worth $2,388,000 after buying an additional 3,798 shares during the last quarter. Csenge Advisory Group grew its holdings in shares of Schwab U.S. TIPS ETF by 12.1% in the second quarter. Csenge Advisory Group now owns 81,624 shares of the company’s stock worth $2,164,000 after acquiring an additional 8,823 shares during the period. GPS Wealth Strategies Group LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 32.3% in the second quarter. GPS Wealth Strategies Group LLC now owns 5,740 shares of the company’s stock worth $153,000 after acquiring an additional 1,403 shares during the period. Finally, Jacobson & Schmitt Advisors LLC increased its position in Schwab U.S. TIPS ETF by 2.4% during the second quarter. Jacobson & Schmitt Advisors LLC now owns 149,314 shares of the company’s stock valued at $3,984,000 after acquiring an additional 3,485 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

SCHP stock opened at $26.82 on Friday. The business’s 50-day moving average is $26.97 and its two-hundred day moving average is $26.69. Schwab U.S. TIPS ETF has a fifty-two week low of $25.68 and a fifty-two week 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.