Carnegie Investment Counsel Purchases 52,308 Shares of Schwab U.S. TIPS ETF $SCHP

Carnegie Investment Counsel lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 9.7% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 592,128 shares of the company’s stock after acquiring an additional 52,308 shares during the quarter. Carnegie Investment Counsel owned approximately 0.12% of Schwab U.S. TIPS ETF worth $15,798,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. CWC Advisors LLC. grew its stake in shares of Schwab U.S. TIPS ETF by 3.4% during the 2nd quarter. CWC Advisors LLC. now owns 11,653 shares of the company’s stock worth $311,000 after acquiring an additional 384 shares during the period. Mutual Advisors LLC grew its stake in shares of Schwab U.S. TIPS ETF by 0.7% during the 1st quarter. Mutual Advisors LLC now owns 61,454 shares of the company’s stock worth $1,637,000 after acquiring an additional 428 shares during the period. Mengis Capital Management Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 2.8% during the 2nd quarter. Mengis Capital Management Inc. now owns 16,010 shares of the company’s stock worth $427,000 after acquiring an additional 442 shares during the period. Clune & Associates LTD. grew its stake in shares of Schwab U.S. TIPS ETF by 1.1% during the 2nd quarter. Clune & Associates LTD. now owns 40,660 shares of the company’s stock worth $1,085,000 after acquiring an additional 455 shares during the period. Finally, Csenge Advisory Group grew its stake in shares of Schwab U.S. TIPS ETF by 0.6% during the 1st quarter. Csenge Advisory Group now owns 72,801 shares of the company’s stock worth $1,924,000 after acquiring an additional 470 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.2%

SCHP stock opened at $27.10 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 stock has a fifty day moving average of $26.94 and a 200-day moving average of $26.65.

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.