Benjamin Edwards Inc. Has $353,000 Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Benjamin Edwards Inc. boosted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 73.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,667 shares of the company’s stock after purchasing an additional 5,765 shares during the period. Benjamin Edwards Inc.’s holdings in Schwab U.S. TIPS ETF were worth $353,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. Brookstone Capital Management grew its holdings in Schwab U.S. TIPS ETF by 161.2% during the 4th quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock worth $446,000 after acquiring an additional 10,651 shares during the period. Allworth Financial LP boosted its holdings in shares of Schwab U.S. TIPS ETF by 820.4% during the 4th quarter. Allworth Financial LP now owns 17,976 shares of the company’s stock worth $466,000 after buying an additional 16,023 shares in the last quarter. Blair William & Co. IL grew its position in shares of Schwab U.S. TIPS ETF by 89.5% during the 4th quarter. Blair William & Co. IL now owns 13,434 shares of the company’s stock worth $347,000 after buying an additional 6,344 shares during the period. Franklin Resources Inc. increased its stake in shares of Schwab U.S. TIPS ETF by 101.1% in the 4th quarter. Franklin Resources Inc. now owns 7,354 shares of the company’s stock valued at $190,000 after acquiring an additional 3,698 shares in the last quarter. Finally, Independent Advisor Alliance acquired a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at $376,000.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA:SCHP opened at $26.48 on Friday. Schwab U.S. TIPS ETF has a 12 month low of $25.68 and a 12 month high of $27.06. The firm has a fifty day simple moving average of $26.55 and a two-hundred day simple moving average of $26.29.

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.