VCI Wealth Management LLC Buys 39,447 Shares of Schwab U.S. TIPS ETF $SCHP

VCI Wealth Management LLC increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 11.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 391,470 shares of the company’s stock after purchasing an additional 39,447 shares during the quarter. Schwab U.S. TIPS ETF comprises about 2.9% of VCI Wealth Management LLC’s portfolio, making the stock its 9th biggest position. VCI Wealth Management LLC owned 0.07% of Schwab U.S. TIPS ETF worth $10,417,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also modified their holdings of the company. Maltin Wealth Management Inc. boosted its position in Schwab U.S. TIPS ETF by 3.3% in the 1st quarter. Maltin Wealth Management Inc. now owns 106,853 shares of the company’s stock valued at $2,843,000 after buying an additional 3,423 shares during the last quarter. Financial Architects LLC increased its stake in shares of Schwab U.S. TIPS ETF by 6.1% in the 1st quarter. Financial Architects LLC now owns 1,521,680 shares of the company’s stock valued at $40,492,000 after buying an additional 87,110 shares during the period. Decker Retirement Planning Inc. raised its position in shares of Schwab U.S. TIPS ETF by 17.3% during the first quarter. Decker Retirement Planning Inc. now owns 143,728 shares of the company’s stock worth $3,825,000 after acquiring an additional 21,239 shares during the last quarter. Independent Wealth Network Inc. bought a new stake in shares of Schwab U.S. TIPS ETF during the first quarter worth $223,000. Finally, LifeWealth Investments LLC bought a new position in Schwab U.S. TIPS ETF in the first quarter valued at about $675,000.

Schwab U.S. TIPS ETF Trading Up 0.2%

Shares of SCHP stock opened at $26.57 on Friday. Schwab U.S. TIPS ETF has a 12 month low of $26.37 and a 12 month high of $27.19. The stock has a 50-day moving average price of $26.67 and a 200 day moving average price of $26.67.

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.