Live Oak Investment Partners Buys New Shares in Schwab U.S. TIPS ETF $SCHP

Live Oak Investment Partners bought a new position in Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) in the third quarter, Holdings Channel.com reports. The firm bought 196,374 shares of the company’s stock, valued at approximately $5,292,000. Schwab U.S. TIPS ETF comprises about 2.6% of Live Oak Investment Partners’ holdings, making the stock its 8th largest position.

Several other large investors have also added to or reduced their stakes in the company. Financial Consulate Inc. purchased a new position in shares of Schwab U.S. TIPS ETF in the third quarter worth about $29,000. Bessemer Group Inc. purchased a new position in Schwab U.S. TIPS ETF during the 2nd quarter worth approximately $32,000. Hantz Financial Services Inc. acquired a new stake in Schwab U.S. TIPS ETF during the 2nd quarter valued at approximately $35,000. Bogart Wealth LLC lifted its stake in Schwab U.S. TIPS ETF by 64.1% during the 2nd quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock valued at $38,000 after acquiring an additional 551 shares during the period. Finally, Glass Jacobson Investment Advisors llc boosted its holdings in shares of Schwab U.S. TIPS ETF by 35.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock valued at $40,000 after acquiring an additional 383 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $26.52 on Tuesday. Schwab U.S. TIPS ETF has a 12 month low of $25.83 and a 12 month high of $27.19. The stock’s 50 day moving average is $26.67 and its two-hundred day moving average is $26.77.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised shares of Schwab U.S. TIPS ETF to a “hold” rating in a report on Friday, December 5th.

Read Our Latest Stock Report on Schwab U.S. TIPS ETF

Schwab U.S. TIPS ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

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