Sage Financial Group Inc. boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 8.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 711,195 shares of the company’s stock after purchasing an additional 54,505 shares during the quarter. Schwab U.S. TIPS ETF comprises 1.0% of Sage Financial Group Inc.’s investment portfolio, making the stock its 20th largest holding. Sage Financial Group Inc. owned 0.11% of Schwab U.S. TIPS ETF worth $17,872,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of the business. Archer Investment Corp grew its position in Schwab U.S. TIPS ETF by 212.2% during the 1st quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after purchasing an additional 660 shares during the last quarter. First Community Trust NA purchased a new stake in shares of Schwab U.S. TIPS ETF in the third quarter valued at about $25,000. Align Financial LLC acquired a new stake in shares of Schwab U.S. TIPS ETF during the third quarter worth about $27,000. TOP Private Wealth LLC. purchased a new position in shares of Schwab U.S. TIPS ETF during the second quarter worth about $38,000. Finally, CX Institutional purchased a new position in shares of Schwab U.S. TIPS ETF during the third quarter worth about $44,000.
Schwab U.S. TIPS ETF Stock Performance
Shares of SCHP stock opened at $25.64 on Wednesday. Schwab U.S. TIPS ETF has a 52-week low of $25.01 and a 52-week high of $27.11. The stock’s 50-day moving average price is $25.55 and its 200 day moving average price is $26.30.
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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