Silver Oak Securities Incorporated boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 2,452.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,581 shares of the company’s stock after buying an additional 34,187 shares during the period. Silver Oak Securities Incorporated’s holdings in Schwab U.S. TIPS ETF were worth $1,857,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds also recently bought and sold shares of the stock. Stonebrook Private Inc. purchased a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at $856,000. Headlands Technologies LLC purchased a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at $78,000. Citizens Financial Group Inc. RI purchased a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at $7,563,000. Truist Financial Corp lifted its holdings in shares of Schwab U.S. TIPS ETF by 58.7% during the 4th quarter. Truist Financial Corp now owns 183,948 shares of the company’s stock valued at $9,602,000 after purchasing an additional 68,059 shares during the last quarter. Finally, Alesco Advisors LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 4.5% during the 4th quarter. Alesco Advisors LLC now owns 2,540,646 shares of the company’s stock valued at $132,622,000 after purchasing an additional 109,195 shares during the last quarter.
Schwab U.S. TIPS ETF Stock Performance
Shares of SCHP traded up $0.12 during midday trading on Friday, hitting $51.33. 1,513,180 shares of the company’s stock traded hands, compared to its average volume of 1,242,660. Schwab U.S. TIPS ETF has a 1 year low of $49.50 and a 1 year high of $53.83. The firm’s fifty day moving average is $51.71 and its 200-day moving average is $51.48.
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.
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