First Heartland Consultants Inc. Acquires Shares of 13,406 Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

First Heartland Consultants Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the second quarter, according to its most recent disclosure with the SEC. The firm acquired 13,406 shares of the company’s stock, valued at approximately $697,000.

Other institutional investors have also added to or reduced their stakes in the company. Transcendent Capital Group LLC bought a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at approximately $26,000. Mather Group LLC. bought a new position in shares of Schwab U.S. TIPS ETF during the 1st quarter valued at approximately $27,000. Pathway Financial Advisers LLC bought a new stake in Schwab U.S. TIPS ETF in the first quarter worth $33,000. Triad Wealth Partners LLC bought a new stake in Schwab U.S. TIPS ETF in the second quarter worth $44,000. Finally, Crewe Advisors LLC lifted its position in Schwab U.S. TIPS ETF by 295.7% in the fourth quarter. Crewe Advisors LLC now owns 930 shares of the company’s stock worth $49,000 after buying an additional 695 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

SCHP traded up $0.05 during trading on Monday, reaching $53.22. The company had a trading volume of 244,012 shares, compared to its average volume of 1,209,040. The business has a 50 day simple moving average of $52.38 and a 200-day simple moving average of $51.94. Schwab U.S. TIPS ETF has a 52 week low of $49.50 and a 52 week high of $53.28.

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.