21,414 Shares of Schwab U.S. TIPS ETF $SCHP Bought by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 21,414 shares of the company’s stock, valued at approximately $538,000.

Several other large investors also recently bought and sold shares of the business. Archer Investment Corp raised its holdings in 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 acquiring an additional 660 shares during the last quarter. First Community Trust NA purchased a new position in Schwab U.S. TIPS ETF in the 3rd quarter worth approximately $25,000. Align Financial LLC acquired a new position in shares of Schwab U.S. TIPS ETF during the 3rd quarter worth approximately $27,000. TOP Private Wealth LLC. acquired a new position in shares of Schwab U.S. TIPS ETF during the 2nd quarter worth approximately $38,000. Finally, CX Institutional acquired a new position in Schwab U.S. TIPS ETF during the third quarter worth $44,000.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $25.58 on Friday. The firm has a 50-day moving average price of $25.49 and a 200 day moving average price of $26.27. Schwab U.S. TIPS ETF has a 12-month low of $25.01 and a 12-month high of $26.99.

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.