Vestmark Advisory Solutions Inc. Has $2.99 Million Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Vestmark Advisory Solutions Inc. raised its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 105.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 115,638 shares of the company’s stock after buying an additional 59,244 shares during the quarter. Vestmark Advisory Solutions Inc. owned 0.05% of Schwab U.S. TIPS ETF worth $2,987,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. grew its holdings in Schwab U.S. TIPS ETF by 91.8% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after buying an additional 506 shares in the last quarter. Transcendent Capital Group LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 112.1% during the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after purchasing an additional 554 shares in the last quarter. Lindbrook Capital LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 24,260.0% during the 4th quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock worth $31,000 after purchasing an additional 1,213 shares in the last quarter. Independence Bank of Kentucky grew its holdings in shares of Schwab U.S. TIPS ETF by 107.0% during the 4th quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock worth $32,000 after purchasing an additional 642 shares in the last quarter. Finally, Pathway Financial Advisers LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 101.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock worth $34,000 after purchasing an additional 655 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

SCHP opened at $26.53 on Friday. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96. The business’s fifty day moving average is $26.13 and its 200-day moving average is $26.32.

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.