Kings Path Partners LLC acquired a new position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 191,620 shares of the company’s stock, valued at approximately $4,815,000. Schwab U.S. TIPS ETF makes up about 1.3% of Kings Path Partners LLC’s investment portfolio, making the stock its 22nd biggest position.
Several other large investors also recently made changes to their positions in SCHP. Arvest Investments Inc. acquired a new position in Schwab U.S. TIPS ETF during the 3rd quarter worth about $9,039,000. Fifth Third Securities Inc. acquired a new stake in Schwab U.S. TIPS ETF in the 3rd quarter valued at about $4,275,000. LifeWealth Investments LLC increased its position in Schwab U.S. TIPS ETF by 8.7% in the 3rd quarter. LifeWealth Investments LLC now owns 19,447 shares of the company’s stock valued at $489,000 after acquiring an additional 1,558 shares in the last quarter. Sowell Financial Services LLC bought a new position in shares of Schwab U.S. TIPS ETF in the third quarter worth about $221,000. Finally, Cushing Capital Partners LLC raised its stake in shares of Schwab U.S. TIPS ETF by 9.3% in the third quarter. Cushing Capital Partners LLC now owns 62,501 shares of the company’s stock worth $1,571,000 after acquiring an additional 5,335 shares during the last quarter.
Schwab U.S. TIPS ETF Trading Up 0.1%
Shares of SCHP stock opened at $25.46 on Thursday. Schwab U.S. TIPS ETF has a 1 year low of $25.01 and a 1 year high of $27.15. The firm’s 50 day moving average is $25.57 and its 200-day moving average is $26.16.
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.
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