Schwab U.S. TIPS ETF $SCHP Holdings Increased by Lutz Financial Services LLC

Lutz Financial Services LLC boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.1% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,341,905 shares of the company’s stock after buying an additional 135,170 shares during the quarter. Schwab U.S. TIPS ETF makes up 4.2% of Lutz Financial Services LLC’s portfolio, making the stock its 8th largest position. Lutz Financial Services LLC owned 0.41% of Schwab U.S. TIPS ETF worth $62,318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also made changes to their positions in SCHP. Archer Investment Corp lifted its stake in Schwab U.S. TIPS ETF by 212.2% in the first quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after acquiring an additional 660 shares during the period. Lloyd Advisory Services LLC. acquired a new stake in shares of Schwab U.S. TIPS ETF in the 4th quarter worth $29,000. Olistico Wealth LLC acquired a new stake in Schwab U.S. TIPS ETF in the fourth quarter worth about $30,000. Ameritas Investment Partners Inc. boosted its stake in Schwab U.S. TIPS ETF by 83.9% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after purchasing an additional 547 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 69.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock worth $35,000 after buying an additional 541 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.2%

Schwab U.S. TIPS ETF stock opened at $26.18 on Tuesday. The business’s 50-day simple moving average is $26.55 and its two-hundred day simple moving average is $26.64. Schwab U.S. TIPS ETF has a fifty-two week low of $26.14 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.