Sage Financial Group Inc. lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 6.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 596,547 shares of the company’s stock after purchasing an additional 37,848 shares during the period. Schwab U.S. TIPS ETF comprises about 1.2% of Sage Financial Group Inc.’s investment portfolio, making the stock its 18th biggest holding. Sage Financial Group Inc. owned about 0.12% of Schwab U.S. TIPS ETF worth $15,916,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of SCHP. Wealth Enhancement Advisory Services LLC lifted its holdings in Schwab U.S. TIPS ETF by 33.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 1,965,014 shares of the company’s stock worth $52,839,000 after buying an additional 496,070 shares during the last quarter. NBC Securities Inc. raised its position in shares of Schwab U.S. TIPS ETF by 115,900.0% during the 1st quarter. NBC Securities Inc. now owns 1,160 shares of the company’s stock valued at $31,000 after acquiring an additional 1,159 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in shares of Schwab U.S. TIPS ETF during the 2nd quarter valued at approximately $221,000. CWM LLC lifted its stake in Schwab U.S. TIPS ETF by 20.8% during the first quarter. CWM LLC now owns 7,524 shares of the company’s stock worth $202,000 after purchasing an additional 1,294 shares during the last quarter. Finally, UMB Bank n.a. boosted its holdings in Schwab U.S. TIPS ETF by 33.8% in the first quarter. UMB Bank n.a. now owns 31,261 shares of the company’s stock worth $841,000 after purchasing an additional 7,895 shares during the period.
Schwab U.S. TIPS ETF Price Performance
Shares of NYSEARCA:SCHP opened at $26.87 on Monday. Schwab U.S. TIPS ETF has a 1-year low of $25.68 and a 1-year high of $27.19. The company’s fifty day moving average is $26.85 and its two-hundred day moving average is $26.62.
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.
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