525,420 Schwab U.S. TIPS ETF $SCHP Shares Acquired by Wealth Forward LLC

Wealth Forward LLC increased its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2,025.8% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 551,356 shares of the company’s stock after buying an additional 525,420 shares during the period. Schwab U.S. TIPS ETF comprises about 6.1% of Wealth Forward LLC’s holdings, making the stock its 3rd largest position. Wealth Forward LLC owned about 0.09% of Schwab U.S. TIPS ETF worth $13,856,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in the business. Archer Investment Corp raised its position in Schwab U.S. TIPS ETF by 212.2% during the first quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after acquiring an additional 660 shares during the last quarter. First Community Trust NA acquired a new stake in shares of Schwab U.S. TIPS ETF in the third quarter valued at approximately $25,000. TOP Private Wealth LLC. purchased a new position in shares of Schwab U.S. TIPS ETF during the 2nd quarter worth approximately $38,000. CX Institutional purchased a new position in shares of Schwab U.S. TIPS ETF during the 3rd quarter worth approximately $44,000. Finally, MidFirst Bank acquired a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter worth approximately $50,000.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA SCHP traded up $0.04 during midday trading on Wednesday, reaching $25.23. 4,393,141 shares of the stock were exchanged, compared to its average volume of 4,815,075. The stock has a 50 day moving average price of $25.64 and a 200-day moving average price of $26.21. Schwab U.S. TIPS ETF has a 52-week low of $25.01 and a 52-week high of $27.15.

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.