Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $25.87 and last traded at $25.88, with a volume of 175607 shares traded. The stock had previously closed at $25.88.
Schwab U.S. TIPS ETF Price Performance
The stock’s fifty day moving average is $26.23 and its two-hundred day moving average is $26.55.
Institutional Trading of Schwab U.S. TIPS ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Fortis Capital Management LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 1.3% in the fourth quarter. Fortis Capital Management LLC now owns 30,765 shares of the company’s stock valued at $815,000 after purchasing an additional 390 shares in the last quarter. Cassady Wealth & Retirement Planning LLC grew its holdings in Schwab U.S. TIPS ETF by 2.2% during the first quarter. Cassady Wealth & Retirement Planning LLC now owns 18,461 shares of the company’s stock worth $496,000 after buying an additional 398 shares in the last quarter. Arta Finance Wealth Management LLC raised its position in Schwab U.S. TIPS ETF by 1.8% in the 1st quarter. Arta Finance Wealth Management LLC now owns 27,080 shares of the company’s stock valued at $720,000 after buying an additional 474 shares during the last quarter. WJ Financial Advisors LLC raised its position in Schwab U.S. TIPS ETF by 3.9% in the 1st quarter. WJ Financial Advisors LLC now owns 13,015 shares of the company’s stock valued at $346,000 after buying an additional 486 shares during the last quarter. Finally, Vista Capital Partners Inc. lifted its stake in Schwab U.S. TIPS ETF by 2.8% during the 4th quarter. Vista Capital Partners Inc. now owns 19,104 shares of the company’s stock valued at $506,000 after acquiring an additional 523 shares in the last quarter.
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.
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