Schwab U.S. TIPS ETF $SCHP Shares Newly Acquired by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,414 shares of the company’s stock, valued at approximately $538,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Cassady Wealth & Retirement Planning LLC boosted its holdings in Schwab U.S. TIPS ETF by 2.2% in the 1st quarter. Cassady Wealth & Retirement Planning LLC now owns 18,461 shares of the company’s stock worth $496,000 after buying an additional 398 shares during the last quarter. Surience Private Wealth LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 2.9% during the third quarter. Surience Private Wealth LLC now owns 14,680 shares of the company’s stock valued at $369,000 after acquiring an additional 419 shares during the last quarter. Christensen King & Associates Investment Services Inc. raised its holdings in shares of Schwab U.S. TIPS ETF by 0.3% during the third quarter. Christensen King & Associates Investment Services Inc. now owns 151,362 shares of the company’s stock valued at $3,804,000 after acquiring an additional 427 shares during the last quarter. WJ Financial Advisors LLC lifted its position in shares of Schwab U.S. TIPS ETF by 3.9% in the first quarter. WJ Financial Advisors LLC now owns 13,015 shares of the company’s stock valued at $346,000 after acquiring an additional 486 shares in the last quarter. Finally, Essential Partners LLC lifted its position in shares of Schwab U.S. TIPS ETF by 1.8% in the first quarter. Essential Partners LLC now owns 30,977 shares of the company’s stock valued at $824,000 after acquiring an additional 560 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP opened at $25.58 on Friday. The stock’s 50 day simple moving average is $25.49 and its 200-day simple moving average is $26.27. Schwab U.S. TIPS ETF has a 1-year low of $25.01 and a 1-year high of $26.99.

About Schwab U.S. TIPS ETF

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.