Seed Wealth Management Inc. raised its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 13.0% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 193,755 shares of the company’s stock after buying an additional 22,335 shares during the period. Schwab U.S. TIPS ETF accounts for 4.2% of Seed Wealth Management Inc.’s investment portfolio, making the stock its 3rd biggest holding. Seed Wealth Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $5,210,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SCHP. Global Retirement Partners LLC grew its position in shares of Schwab U.S. TIPS ETF by 2.0% during the 4th quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock valued at $538,000 after acquiring an additional 409 shares during the period. SeaCrest Wealth Management LLC grew its position in shares of Schwab U.S. TIPS ETF by 0.7% during the 1st quarter. SeaCrest Wealth Management LLC now owns 58,369 shares of the company’s stock valued at $1,570,000 after acquiring an additional 423 shares during the period. GPS Wealth Strategies Group LLC grew its position in shares of Schwab U.S. TIPS ETF by 13.0% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 4,337 shares of the company’s stock valued at $117,000 after acquiring an additional 498 shares during the period. Community Bank N.A. grew its position in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock valued at $27,000 after acquiring an additional 526 shares during the period. Finally, Transcendent Capital Group LLC grew its position in shares of Schwab U.S. TIPS ETF by 112.1% during the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock valued at $27,000 after acquiring an additional 554 shares during the period.
Schwab U.S. TIPS ETF Price Performance
Schwab U.S. TIPS ETF stock opened at $26.43 on Wednesday. Schwab U.S. TIPS ETF has a twelve month low of $25.68 and a twelve month high of $27.06. The firm has a 50 day moving average price of $26.41 and a 200-day moving average price of $26.31.
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.
Featured Stories
- Five stocks we like better than Schwab U.S. TIPS ETF
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Analyst Downgrades Joby, But Overlooks Major Regulatory Wins
- The Risks of Owning Bonds
- U.S. Steel Stock Burns the Bears With Surprise Upside Move
- Investing In Preferred Stock vs. Common Stock
- Lululemon, UNH, Enphase: Bad News, Good Opportunity?
Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
Receive News & Ratings for Schwab U.S. TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.
