Kure Advisory LLC Acquires 3,198 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Kure Advisory LLC raised its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 80,099 shares of the company’s stock after buying an additional 3,198 shares during the period. Schwab U.S. TIPS ETF comprises about 3.6% of Kure Advisory LLC’s holdings, making the stock its 13th largest position. Kure Advisory LLC’s holdings in Schwab U.S. TIPS ETF were worth $4,178,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Summit Trail Advisors LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 23.3% in the fourth quarter. Summit Trail Advisors LLC now owns 173,898 shares of the company’s stock valued at $9,077,000 after purchasing an additional 32,909 shares during the last quarter. Savvy Advisors Inc. purchased a new stake in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at about $893,000. BlueSky Wealth Advisors LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 2.2% in the fourth quarter. BlueSky Wealth Advisors LLC now owns 601,327 shares of the company’s stock valued at $31,389,000 after purchasing an additional 12,684 shares during the last quarter. Goodwin Investment Advisory purchased a new stake in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at about $5,211,000. Finally, Kovitz Investment Group Partners LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 9.6% in the fourth quarter. Kovitz Investment Group Partners LLC now owns 43,791 shares of the company’s stock valued at $2,286,000 after purchasing an additional 3,845 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock traded down $0.13 on Friday, hitting $52.25. The stock had a trading volume of 294,195 shares, compared to its average volume of 1,232,668. The business has a 50 day moving average of $51.98 and a 200 day moving average of $51.83. Schwab U.S. TIPS ETF has a 12-month low of $49.50 and a 12-month high of $52.71.

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.