129,481 Shares in Schwab U.S. TIPS ETF $SCHP Bought by Private Client Services LLC

Private Client Services LLC bought a new position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the third quarter, according to its most recent filing with the SEC. The firm bought 129,481 shares of the company’s stock, valued at approximately $3,254,000. Schwab U.S. TIPS ETF makes up 0.9% of Private Client Services LLC’s investment portfolio, making the stock its 23rd largest holding.

Other hedge funds have also added to or reduced their stakes in the company. Archer Investment Corp grew its holdings 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 buying an additional 660 shares in the last quarter. TOP Private Wealth LLC. purchased a new position in Schwab U.S. TIPS ETF in the second quarter valued at about $38,000. MidFirst Bank bought a new position in Schwab U.S. TIPS ETF during the fourth quarter valued at $50,000. Human Investing LLC bought a new position in shares of Schwab U.S. TIPS ETF during the 1st quarter worth $52,000. Finally, SHP Wealth Management purchased a new position in Schwab U.S. TIPS ETF during the 4th quarter valued at about $69,000.

Schwab U.S. TIPS ETF Trading Down 0.1%

Shares of Schwab U.S. TIPS ETF stock traded down $0.04 on Friday, reaching $25.11. The stock had a trading volume of 3,176,913 shares, compared to its average volume of 4,771,804. Schwab U.S. TIPS ETF has a 1 year low of $25.01 and a 1 year high of $27.15. The business’s 50 day moving average is $25.78 and its two-hundred day moving average is $26.30.

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.