Blue Trust Inc. Grows Holdings in Schwab U.S. TIPS ETF $SCHP

Blue Trust Inc. lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 9,031.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,009 shares of the company’s stock after purchasing an additional 1,987 shares during the period. Blue Trust Inc.’s holdings in Schwab U.S. TIPS ETF were worth $54,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Mogy Joel R Investment Counsel Inc. purchased a new stake in shares of Schwab U.S. TIPS ETF during the second quarter worth about $32,000. Center for Financial Planning Inc. acquired a new position in Schwab U.S. TIPS ETF during the first quarter worth about $38,000. Mowery & Schoenfeld Wealth Management LLC acquired a new position in Schwab U.S. TIPS ETF during the first quarter worth about $41,000. Horizon Bancorp Inc. IN acquired a new position in Schwab U.S. TIPS ETF during the second quarter worth about $43,000. Finally, Calton & Associates Inc. acquired a new position in Schwab U.S. TIPS ETF during the first quarter worth about $58,000.

Schwab U.S. TIPS ETF Stock Performance

SCHP opened at $27.03 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $25.68 and a twelve month high of $27.19. The firm’s 50-day moving average price is $26.91 and its 200 day moving average price is $26.64.

About Schwab U.S. TIPS ETF

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.