West Family Investments Inc. Grows Position in Schwab U.S. TIPS ETF $SCHP

West Family Investments Inc. boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 11.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 540,734 shares of the company’s stock after purchasing an additional 54,666 shares during the quarter. Schwab U.S. TIPS ETF accounts for about 3.6% of West Family Investments Inc.’s portfolio, making the stock its 5th largest holding. West Family Investments Inc. owned approximately 0.09% of Schwab U.S. TIPS ETF worth $15,053,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Pine Haven Investment Counsel Inc raised its position in shares of Schwab U.S. TIPS ETF by 0.9% in the fourth quarter. Pine Haven Investment Counsel Inc now owns 42,192 shares of the company’s stock valued at $1,118,000 after buying an additional 390 shares in the last quarter. Cape Investment Advisory Inc. grew its position in Schwab U.S. TIPS ETF by 21.2% during the third quarter. Cape Investment Advisory Inc. now owns 2,356 shares of the company’s stock worth $63,000 after buying an additional 412 shares in the last quarter. Vista Capital Partners Inc. grew its position in Schwab U.S. TIPS ETF by 2.8% during the fourth quarter. Vista Capital Partners Inc. now owns 19,104 shares of the company’s stock worth $506,000 after buying an additional 523 shares in the last quarter. Lynx Investment Advisory increased its stake in Schwab U.S. TIPS ETF by 4.1% during the 3rd quarter. Lynx Investment Advisory now owns 13,436 shares of the company’s stock worth $362,000 after acquiring an additional 532 shares during the period. Finally, Ameritas Investment Partners Inc. increased its stake in Schwab U.S. TIPS ETF by 83.9% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after acquiring an additional 547 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $26.47 on Monday. The business has a fifty day moving average price of $26.72 and a two-hundred day moving average price of $26.70. Schwab U.S. TIPS ETF has a fifty-two week low of $26.20 and a fifty-two week high of $27.19.

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.