Stratos Wealth Partners LTD. Has $4.60 Million Position in Schwab U.S. TIPS ETF $SCHP

Stratos Wealth Partners LTD. grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 13.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 170,685 shares of the company’s stock after purchasing an additional 19,847 shares during the period. Stratos Wealth Partners LTD.’s holdings in Schwab U.S. TIPS ETF were worth $4,600,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SCHP. Financial Consulate Inc. bought a new stake in Schwab U.S. TIPS ETF in the 3rd quarter valued at about $29,000. Bessemer Group Inc. acquired a new stake in Schwab U.S. TIPS ETF in the second quarter valued at approximately $32,000. Hantz Financial Services Inc. bought a new stake in shares of Schwab U.S. TIPS ETF during the second quarter valued at approximately $35,000. Bogart Wealth LLC raised its position in shares of Schwab U.S. TIPS ETF by 64.1% during the second quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock worth $38,000 after purchasing an additional 551 shares during the period. Finally, Glass Jacobson Investment Advisors llc raised its position in shares of Schwab U.S. TIPS ETF by 35.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock worth $40,000 after purchasing an additional 383 shares during the period.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein upgraded shares of Schwab U.S. TIPS ETF to a “hold” rating in a research note on Friday, December 5th.

Schwab U.S. TIPS ETF Price Performance

Schwab U.S. TIPS ETF stock opened at $26.82 on Friday. The company’s 50 day moving average price is $26.59 and its two-hundred day moving average price is $26.78. Schwab U.S. TIPS ETF has a 52 week low of $25.83 and a 52 week high of $27.19.

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.