191,620 Shares in Schwab U.S. TIPS ETF $SCHP Purchased by Kings Path Partners LLC

Kings Path Partners LLC acquired a new stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the third quarter, HoldingsChannel reports. The fund acquired 191,620 shares of the company’s stock, valued at approximately $4,815,000. Schwab U.S. TIPS ETF comprises about 1.3% of Kings Path Partners LLC’s investment portfolio, making the stock its 22nd largest holding.

Other institutional investors have also recently bought and sold shares of the company. First Community Trust NA bought a new stake in shares of Schwab U.S. TIPS ETF during the 3rd quarter valued at $25,000. Archer Investment Corp lifted its stake in shares of Schwab U.S. TIPS ETF by 212.2% in the 1st quarter. Archer Investment Corp now owns 971 shares of the company’s stock valued at $26,000 after purchasing an additional 660 shares during the period. Align Financial LLC bought a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter worth $27,000. TOP Private Wealth LLC. bought a new position in shares of Schwab U.S. TIPS ETF in the 2nd quarter worth $38,000. Finally, CX Institutional bought a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter worth $44,000.

Schwab U.S. TIPS ETF Stock Up 0.1%

Shares of Schwab U.S. TIPS ETF stock opened at $25.46 on Thursday. Schwab U.S. TIPS ETF has a 12 month low of $25.01 and a 12 month high of $27.15. The business has a fifty day simple moving average of $25.57 and a 200 day simple moving average of $26.16.

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.