Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Stock Holdings Increased by Joseph Group Capital Management

Joseph Group Capital Management lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 79.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 904,277 shares of the company’s stock after purchasing an additional 401,114 shares during the quarter. Schwab U.S. TIPS ETF accounts for approximately 9.2% of Joseph Group Capital Management’s investment portfolio, making the stock its 2nd largest position. Joseph Group Capital Management owned 0.43% of Schwab U.S. TIPS ETF worth $23,357,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Rock Creek Group LP increased its stake in Schwab U.S. TIPS ETF by 214.7% during the fourth quarter. Rock Creek Group LP now owns 125,943 shares of the company’s stock worth $3,252,000 after acquiring an additional 85,918 shares during the last quarter. Prime Capital Investment Advisors LLC increased its position in shares of Schwab U.S. TIPS ETF by 107.0% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 2,020,567 shares of the company’s stock valued at $52,191,000 after purchasing an additional 1,044,236 shares during the last quarter. Transamerica Financial Advisors Inc. raised its holdings in Schwab U.S. TIPS ETF by 89.5% during the 4th quarter. Transamerica Financial Advisors Inc. now owns 316,547 shares of the company’s stock valued at $8,177,000 after buying an additional 149,525 shares during the period. Maridea Wealth Management LLC bought a new stake in Schwab U.S. TIPS ETF in the fourth quarter worth $1,095,000. Finally, Orion Portfolio Solutions LLC boosted its stake in Schwab U.S. TIPS ETF by 128.4% during the fourth quarter. Orion Portfolio Solutions LLC now owns 42,496 shares of the company’s stock worth $1,098,000 after buying an additional 23,891 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.6 %

SCHP stock opened at $26.78 on Friday. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $26.96. The company has a 50-day moving average price of $26.38 and a 200 day moving average price of $26.32.

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.