Financial Freedom LLC Acquires 39,961 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Financial Freedom LLC increased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 101.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 79,503 shares of the company’s stock after buying an additional 39,961 shares during the quarter. Schwab U.S. TIPS ETF accounts for about 1.1% of Financial Freedom LLC’s holdings, making the stock its 27th biggest holding. Financial Freedom LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,054,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Wilmington Savings Fund Society FSB acquired a new position in Schwab U.S. TIPS ETF in the 3rd quarter worth about $483,000. Brookstone Capital Management increased its holdings in Schwab U.S. TIPS ETF by 161.2% in the 4th quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock worth $446,000 after purchasing an additional 10,651 shares in the last quarter. Full Sail Capital LLC increased its holdings in Schwab U.S. TIPS ETF by 6.3% in the 2nd quarter. Full Sail Capital LLC now owns 660,753 shares of the company’s stock worth $34,366,000 after purchasing an additional 38,984 shares in the last quarter. Brighton Jones LLC increased its holdings in Schwab U.S. TIPS ETF by 16.4% in the 2nd quarter. Brighton Jones LLC now owns 8,954 shares of the company’s stock worth $466,000 after purchasing an additional 1,264 shares in the last quarter. Finally, Canandaigua National Bank & Trust Co. increased its holdings in Schwab U.S. TIPS ETF by 105.0% in the 4th quarter. Canandaigua National Bank & Trust Co. now owns 12,252 shares of the company’s stock worth $316,000 after purchasing an additional 6,276 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of SCHP opened at $25.95 on Monday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The business has a 50-day simple moving average of $26.05 and a two-hundred day simple moving average of $26.30.

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.