Schwab U.S. TIPS ETF (NYSEARCA:SCHP) is ALM First Financial Advisors LLC’s 8th Largest Position

ALM First Financial Advisors LLC increased its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 138.4% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 447,872 shares of the company’s stock after buying an additional 260,001 shares during the period. Schwab U.S. TIPS ETF accounts for about 2.6% of ALM First Financial Advisors LLC’s holdings, making the stock its 8th largest holding. ALM First Financial Advisors LLC owned 0.21% of Schwab U.S. TIPS ETF worth $11,569,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SCHP. Salem Investment Counselors Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after acquiring an additional 506 shares during the last quarter. First Community Trust NA boosted its stake in Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after purchasing an additional 700 shares in the last quarter. Decker Retirement Planning Inc. purchased a new stake in Schwab U.S. TIPS ETF during the 4th quarter valued at about $45,000. Capital Performance Advisors LLP bought a new stake in Schwab U.S. TIPS ETF during the 3rd quarter valued at about $63,000. Finally, Cordant Inc. raised its holdings in Schwab U.S. TIPS ETF by 105.2% in the fourth quarter. Cordant Inc. now owns 2,660 shares of the company’s stock worth $69,000 after buying an additional 1,364 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.0 %

Shares of NYSEARCA SCHP opened at $25.94 on Friday. The firm’s 50 day moving average price is $26.06 and its 200-day moving average price is $26.29. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96.

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.