Parkside Financial Bank & Trust Buys New Shares in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Parkside Financial Bank & Trust acquired a new stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 5,000 shares of the company’s stock, valued at approximately $261,000.

Several other large investors have also made changes to their positions in the business. Friedenthal Financial increased its stake in shares of Schwab U.S. TIPS ETF by 0.8% in the 4th quarter. Friedenthal Financial now owns 25,747 shares of the company’s stock valued at $1,344,000 after purchasing an additional 193 shares in the last quarter. Summit Global Investments boosted its holdings in Schwab U.S. TIPS ETF by 3.0% in the 3rd quarter. Summit Global Investments now owns 8,313 shares of the company’s stock worth $420,000 after buying an additional 241 shares during the last quarter. Mayflower Financial Advisors LLC boosted its holdings in Schwab U.S. TIPS ETF by 1.6% in the 4th quarter. Mayflower Financial Advisors LLC now owns 17,251 shares of the company’s stock worth $901,000 after buying an additional 270 shares during the last quarter. Cedar Brook Financial Partners LLC boosted its holdings in Schwab U.S. TIPS ETF by 3.0% in the 3rd quarter. Cedar Brook Financial Partners LLC now owns 9,457 shares of the company’s stock worth $477,000 after buying an additional 277 shares during the last quarter. Finally, Stratos Wealth Partners LTD. boosted its holdings in Schwab U.S. TIPS ETF by 0.9% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 32,544 shares of the company’s stock worth $1,643,000 after buying an additional 302 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.3 %

Shares of Schwab U.S. TIPS ETF stock traded down $0.13 on Wednesday, hitting $51.25. 365,787 shares of the company were exchanged, compared to its average volume of 1,228,910. The company has a 50-day moving average price of $51.73 and a 200 day moving average price of $51.46. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $53.92.

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.