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

Mutual Advisors LLC boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 64,369 shares of the company’s stock after buying an additional 2,915 shares during the quarter. Mutual Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,714,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. CWC Advisors LLC. raised its stake in Schwab U.S. TIPS ETF by 3.4% during the second quarter. CWC Advisors LLC. now owns 11,653 shares of the company’s stock worth $311,000 after purchasing an additional 384 shares during the period. Mengis Capital Management Inc. raised its stake in Schwab U.S. TIPS ETF by 2.8% during the second quarter. Mengis Capital Management Inc. now owns 16,010 shares of the company’s stock worth $427,000 after purchasing an additional 442 shares during the period. Csenge Advisory Group raised its stake in Schwab U.S. TIPS ETF by 0.6% during the first quarter. Csenge Advisory Group now owns 72,801 shares of the company’s stock worth $1,924,000 after purchasing an additional 470 shares during the period. Jackson Creek Investment Advisors LLC raised its stake in Schwab U.S. TIPS ETF by 1.8% during the first quarter. Jackson Creek Investment Advisors LLC now owns 26,862 shares of the company’s stock worth $722,000 after purchasing an additional 476 shares during the period. Finally, Bigelow Investment Advisors LLC raised its stake in Schwab U.S. TIPS ETF by 1.5% during the first quarter. Bigelow Investment Advisors LLC now owns 37,214 shares of the company’s stock worth $1,001,000 after purchasing an additional 535 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.3%

NYSEARCA:SCHP opened at $27.07 on Friday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.68 and a fifty-two week high of $27.19. The firm’s 50 day moving average is $26.90 and its two-hundred day moving average is $26.64.

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.