Resonant Capital Advisors LLC Purchases 6,026 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Resonant Capital Advisors LLC grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 145,626 shares of the company’s stock after acquiring an additional 6,026 shares during the quarter. Resonant Capital Advisors LLC owned about 0.07% of Schwab U.S. TIPS ETF worth $7,602,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Red Tortoise LLC raised its position in shares of Schwab U.S. TIPS ETF by 9.2% during the fourth quarter. Red Tortoise LLC now owns 59,681 shares of the company’s stock valued at $3,115,000 after buying an additional 5,042 shares during the last quarter. Goodwin Investment Advisory bought a new stake in Schwab U.S. TIPS ETF in the fourth quarter worth $5,211,000. Alpha Omega Wealth Management LLC increased its position in Schwab U.S. TIPS ETF by 1.4% in the fourth quarter. Alpha Omega Wealth Management LLC now owns 64,899 shares of the company’s stock worth $3,388,000 after purchasing an additional 865 shares during the last quarter. Avior Wealth Management LLC increased its position in Schwab U.S. TIPS ETF by 9.0% in the fourth quarter. Avior Wealth Management LLC now owns 312,378 shares of the company’s stock worth $16,306,000 after purchasing an additional 25,664 shares during the last quarter. Finally, Allen Capital Group LLC increased its position in Schwab U.S. TIPS ETF by 5.1% in the fourth quarter. Allen Capital Group LLC now owns 144,333 shares of the company’s stock worth $7,534,000 after purchasing an additional 6,971 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.2 %

SCHP traded up $0.10 during trading hours on Friday, hitting $51.34. The company’s stock had a trading volume of 808,814 shares, compared to its average volume of 1,246,346. The business’s 50-day moving average price is $51.74 and its 200-day moving average price is $51.41. Schwab U.S. TIPS ETF has a 12 month low of $49.50 and a 12 month high of $53.92.

Schwab U.S. TIPS ETF 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.