Van Strum & Towne Inc. Increases Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Van Strum & Towne Inc. grew its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 104.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,598 shares of the company’s stock after purchasing an additional 31,474 shares during the period. Van Strum & Towne Inc.’s holdings in Schwab U.S. TIPS ETF were worth $1,591,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Salem Investment Counselors Inc. increased its holdings in Schwab U.S. TIPS ETF by 91.8% during 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. Transcendent Capital Group LLC increased its holdings in Schwab U.S. TIPS ETF by 112.1% during the fourth quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after buying an additional 554 shares during the last quarter. Blue Bell Private Wealth Management LLC increased its holdings in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock worth $29,000 after buying an additional 564 shares during the last quarter. Lindbrook Capital LLC increased its holdings in Schwab U.S. TIPS ETF by 24,260.0% during the fourth quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock worth $31,000 after buying an additional 1,213 shares during the last quarter. Finally, Independence Bank of Kentucky increased its holdings in Schwab U.S. TIPS ETF by 107.0% during the fourth quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock worth $32,000 after buying an additional 642 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP opened at $26.46 on Friday. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96. The company has a 50-day simple moving average of $26.22 and a 200 day simple moving average of $26.32.

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.