Schwab U.S. TIPS ETF $SCHP Shares Bought by Prairiewood Capital LLC

Prairiewood Capital LLC lifted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 16.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 677,870 shares of the company’s stock after buying an additional 94,060 shares during the period. Schwab U.S. TIPS ETF comprises 4.2% of Prairiewood Capital LLC’s holdings, making the stock its 5th largest position. Prairiewood Capital LLC owned 0.11% of Schwab U.S. TIPS ETF worth $17,035,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in SCHP. IFC & Insurance Marketing Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 7.9% during the 3rd quarter. IFC & Insurance Marketing Inc. now owns 91,263 shares of the company’s stock valued at $2,295,000 after purchasing an additional 6,698 shares in the last quarter. Opal Wealth Advisors LLC grew its position in shares of Schwab U.S. TIPS ETF by 10.4% in the 3rd quarter. Opal Wealth Advisors LLC now owns 11,949 shares of the company’s stock valued at $300,000 after purchasing an additional 1,121 shares during the period. Eagle Bay Advisors LLC grew its position in shares of Schwab U.S. TIPS ETF by 13.4% in the 3rd quarter. Eagle Bay Advisors LLC now owns 119,644 shares of the company’s stock valued at $3,007,000 after purchasing an additional 14,098 shares during the period. Aspiriant LLC bought a new stake in Schwab U.S. TIPS ETF during the 3rd quarter worth approximately $474,000. Finally, Surience Private Wealth LLC increased its stake in Schwab U.S. TIPS ETF by 2.9% during the 3rd quarter. Surience Private Wealth LLC now owns 14,680 shares of the company’s stock worth $369,000 after purchasing an additional 419 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock traded up $0.06 during mid-day trading on Friday, hitting $25.45. 3,807,471 shares of the company were exchanged, compared to its average volume of 4,826,700. The firm’s 50 day simple moving average is $25.60 and its 200 day simple moving average is $26.19. Schwab U.S. TIPS ETF has a 1-year low of $25.01 and a 1-year high of $27.15.

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.