Pure Portfolios Holdings LLC Has $434,000 Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Pure Portfolios Holdings LLC increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 104.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 16,811 shares of the company’s stock after buying an additional 8,604 shares during the quarter. Pure Portfolios Holdings LLC’s holdings in Schwab U.S. TIPS ETF were worth $434,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Topel & Distasi Wealth Management LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Topel & Distasi Wealth Management LLC now owns 16,466 shares of the company’s stock valued at $425,000 after purchasing an additional 8,233 shares in the last quarter. J.W. Cole Advisors Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 111.3% in the 4th quarter. J.W. Cole Advisors Inc. now owns 72,240 shares of the company’s stock valued at $1,866,000 after purchasing an additional 38,052 shares in the last quarter. Valmark Advisers Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 92.9% in the 4th quarter. Valmark Advisers Inc. now owns 230,269 shares of the company’s stock valued at $5,948,000 after purchasing an additional 110,910 shares in the last quarter. Csenge Advisory Group boosted its holdings in shares of Schwab U.S. TIPS ETF by 12.2% in the 4th quarter. Csenge Advisory Group now owns 72,331 shares of the company’s stock valued at $1,868,000 after purchasing an additional 7,839 shares in the last quarter. Finally, Strategic Financial Concepts LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 105.2% in the 4th quarter. Strategic Financial Concepts LLC now owns 17,620 shares of the company’s stock valued at $455,000 after purchasing an additional 9,034 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.2 %

Shares of SCHP stock opened at $26.30 on Monday. The stock’s fifty day moving average price is $26.01 and its two-hundred day moving average price is $26.30. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96.

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.