Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Bought by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 145,626 shares of the company’s stock after buying an additional 6,026 shares during the quarter. Resonant Capital Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $7,602,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Baltimore Washington Financial Advisors Inc. purchased a new stake in Schwab U.S. TIPS ETF during the 1st quarter worth approximately $567,000. Money Concepts Capital Corp increased its holdings in Schwab U.S. TIPS ETF by 860.8% during the 4th quarter. Money Concepts Capital Corp now owns 490 shares of the company’s stock worth $25,000 after purchasing an additional 439 shares during the last quarter. Asset Dedication LLC increased its holdings in Schwab U.S. TIPS ETF by 425.8% during the 3rd quarter. Asset Dedication LLC now owns 510 shares of the company’s stock worth $25,000 after purchasing an additional 413 shares during the last quarter. Sunbelt Securities Inc. increased its holdings in Schwab U.S. TIPS ETF by 114.5% during the 2nd quarter. Sunbelt Securities Inc. now owns 562 shares of the company’s stock worth $29,000 after purchasing an additional 300 shares during the last quarter. Finally, Oliver Lagore Vanvalin Investment Group increased its holdings in Schwab U.S. TIPS ETF by 3,229.4% during the 3rd quarter. Oliver Lagore Vanvalin Investment Group now owns 566 shares of the company’s stock worth $29,000 after purchasing an additional 549 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

SCHP stock traded up $0.10 during midday trading on Friday, hitting $51.34. 808,814 shares of the company’s stock were exchanged, compared to its average volume of 1,246,346. Schwab U.S. TIPS ETF has a 12-month low of $49.50 and a 12-month high of $53.92. The firm has a 50 day moving average price of $51.74 and a 200-day moving average price of $51.41.

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.