Petra Financial Advisors Inc. Has $311,000 Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Petra Financial Advisors Inc. raised its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 113.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 12,032 shares of the company’s stock after purchasing an additional 6,402 shares during the period. Petra Financial Advisors Inc.’s holdings in Schwab U.S. TIPS ETF were worth $311,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter worth approximately $483,000. Brookstone Capital Management raised its holdings in shares of 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 during the period. Allworth Financial LP raised its holdings in shares of Schwab U.S. TIPS ETF by 820.4% in the 4th quarter. Allworth Financial LP now owns 17,976 shares of the company’s stock worth $466,000 after purchasing an additional 16,023 shares during the period. Barrett & Company Inc. raised its holdings in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Barrett & Company Inc. now owns 14,702 shares of the company’s stock worth $380,000 after purchasing an additional 7,351 shares during the period. Finally, Jones Financial Companies Lllp raised its holdings in shares of Schwab U.S. TIPS ETF by 136.4% in the 4th quarter. Jones Financial Companies Lllp now owns 12,299 shares of the company’s stock worth $318,000 after purchasing an additional 7,096 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.1 %

NYSEARCA:SCHP opened at $26.49 on Tuesday. The firm’s 50 day moving average is $26.23 and its 200 day moving average is $26.31. 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.