Northeast Planning Associates INC. NH Purchases New Stake in Schwab U.S. TIPS ETF $SCHP

Northeast Planning Associates INC. NH acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 87,361 shares of the company’s stock, valued at approximately $2,154,000. Schwab U.S. TIPS ETF comprises 1.6% of Northeast Planning Associates INC. NH’s investment portfolio, making the stock its 19th biggest position.

Other large investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 211.4% in the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after buying an additional 14,212 shares during the period. AQR Capital Management LLC grew its position in shares of Schwab U.S. TIPS ETF by 180.7% during the 1st quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock valued at $2,049,000 after buying an additional 49,056 shares during the last quarter. State Street Corp raised its stake in Schwab U.S. TIPS ETF by 3.0% during the second quarter. State Street Corp now owns 2,599,691 shares of the company’s stock worth $69,360,000 after acquiring an additional 76,212 shares during the period. Main Street Financial Solutions LLC raised its stake in Schwab U.S. TIPS ETF by 25.5% during the second quarter. Main Street Financial Solutions LLC now owns 11,390 shares of the company’s stock worth $304,000 after acquiring an additional 2,312 shares during the period. Finally, Alliancebernstein L.P. raised its stake in Schwab U.S. TIPS ETF by 2.9% during the second quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock worth $209,004,000 after acquiring an additional 223,281 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $25.84 on Friday. The firm’s 50-day moving average price is $26.08 and its two-hundred day moving average price is $26.48. Schwab U.S. TIPS ETF has a 52-week low of $25.78 and a 52-week high of $27.19.

Schwab U.S. TIPS ETF 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.