Schwab U.S. TIPS ETF $SCHP Shares Bought by Pure Financial Advisors LLC

Pure Financial Advisors LLC increased its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 3.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,420,298 shares of the company’s stock after acquiring an additional 53,925 shares during the period. Pure Financial Advisors LLC owned approximately 0.25% of Schwab U.S. TIPS ETF worth $37,624,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in SCHP. Clearstead Advisors LLC boosted its stake in Schwab U.S. TIPS ETF by 34,125.7% during the third quarter. Clearstead Advisors LLC now owns 101,308 shares of the company’s stock valued at $2,730,000 after buying an additional 101,012 shares in the last quarter. BlueSky Wealth Advisors LLC grew its holdings in Schwab U.S. TIPS ETF by 8.1% during the fourth quarter. BlueSky Wealth Advisors LLC now owns 1,499,610 shares of the company’s stock worth $39,725,000 after acquiring an additional 112,608 shares during the period. Dorato Capital Management bought a new stake in Schwab U.S. TIPS ETF in the fourth quarter worth about $6,700,000. Farther Finance Advisors LLC raised its position in Schwab U.S. TIPS ETF by 606.7% in the fourth quarter. Farther Finance Advisors LLC now owns 190,389 shares of the company’s stock worth $5,043,000 after acquiring an additional 163,447 shares in the last quarter. Finally, Avior Wealth Management LLC raised its position in Schwab U.S. TIPS ETF by 8.8% in the fourth quarter. Avior Wealth Management LLC now owns 914,332 shares of the company’s stock worth $24,221,000 after acquiring an additional 73,692 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $26.49 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $26.40 and a twelve month high of $27.19. The firm has a 50-day moving average of $26.70 and a two-hundred day moving average of $26.68.

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.