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

Accelerate Investment Advisors LLC boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 112.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 61,646 shares of the company’s stock after buying an additional 32,621 shares during the period. Schwab U.S. TIPS ETF comprises 1.4% of Accelerate Investment Advisors LLC’s investment portfolio, making the stock its 17th largest holding. Accelerate Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,592,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHP. Salem Investment Counselors Inc. raised its holdings in Schwab U.S. TIPS ETF by 91.8% during the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after buying an additional 506 shares during the period. Capital Performance Advisors LLP acquired a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at about $63,000. Fairscale Capital LLC acquired a new position in shares of Schwab U.S. TIPS ETF in the 2nd quarter valued at about $105,000. CWM LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 13.9% in the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $151,000 after purchasing an additional 344 shares during the period. Finally, Cannon Financial Strategists Inc. acquired a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at about $200,000.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP traded up $0.03 during trading hours on Monday, reaching $25.72. The company’s stock had a trading volume of 3,559,565 shares, compared to its average volume of 3,895,737. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96. The company has a 50 day moving average of $26.09 and a two-hundred day moving average of $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.