TrueWealth Advisors LLC increased its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 92.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 67,381 shares of the company’s stock after acquiring an additional 32,427 shares during the period. TrueWealth Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,740,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHP. Salem Investment Counselors Inc. lifted its position in shares of Schwab U.S. TIPS ETF by 91.8% in the fourth 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 last quarter. Capital Performance Advisors LLP bought a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at approximately $63,000. First Community Trust NA lifted its holdings in Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after purchasing an additional 700 shares during the last quarter. Decker Retirement Planning Inc. bought a new stake in Schwab U.S. TIPS ETF during the fourth quarter worth approximately $45,000. Finally, Fairscale Capital LLC bought a new stake in Schwab U.S. TIPS ETF during the second quarter worth approximately $105,000.
Schwab U.S. TIPS ETF Price Performance
NYSEARCA:SCHP opened at $25.95 on Friday. The company’s 50 day moving average is $26.05 and its 200-day moving average is $26.29. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $26.96.
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.
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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
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