Schwab U.S. TIPS ETF (NYSEARCA:SCHP) is FDx Advisors Inc.’s 5th Largest Position

FDx Advisors Inc. lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 241.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 312,762 shares of the company’s stock after acquiring an additional 221,116 shares during the quarter. Schwab U.S. TIPS ETF accounts for about 4.5% of FDx Advisors Inc.’s portfolio, making the stock its 5th largest position. FDx Advisors Inc. owned 0.15% of Schwab U.S. TIPS ETF worth $16,267,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of SCHP. Savvy Advisors Inc. purchased a new position in Schwab U.S. TIPS ETF in the fourth quarter worth approximately $893,000. BlueSky Wealth Advisors LLC lifted its position in shares of Schwab U.S. TIPS ETF by 2.2% during the 4th quarter. BlueSky Wealth Advisors LLC now owns 601,327 shares of the company’s stock worth $31,389,000 after purchasing an additional 12,684 shares during the last quarter. Kovitz Investment Group Partners LLC grew its stake in shares of Schwab U.S. TIPS ETF by 9.6% during the fourth quarter. Kovitz Investment Group Partners LLC now owns 43,791 shares of the company’s stock worth $2,286,000 after purchasing an additional 3,845 shares in the last quarter. Crewe Advisors LLC increased its holdings in Schwab U.S. TIPS ETF by 295.7% in the fourth quarter. Crewe Advisors LLC now owns 930 shares of the company’s stock valued at $49,000 after buying an additional 695 shares during the last quarter. Finally, Lincoln National Corp increased its holdings in Schwab U.S. TIPS ETF by 71.0% in the fourth quarter. Lincoln National Corp now owns 17,825 shares of the company’s stock valued at $930,000 after buying an additional 7,403 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.2 %

Shares of NYSEARCA SCHP opened at $53.05 on Thursday. The business has a 50-day moving average of $52.50 and a two-hundred day moving average of $52.01. Schwab U.S. TIPS ETF has a 1 year low of $49.50 and a 1 year high of $53.28.

About Schwab U.S. TIPS ETF

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.