Trajan Wealth LLC Purchases 36,597 Shares of Schwab U.S. TIPS ETF $SCHP

Trajan Wealth LLC increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 13.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 314,931 shares of the company’s stock after purchasing an additional 36,597 shares during the quarter. Trajan Wealth LLC’s holdings in Schwab U.S. TIPS ETF were worth $8,487,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ORG Partners LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 2.0% in the 3rd quarter. ORG Partners LLC now owns 19,090 shares of the company’s stock worth $515,000 after buying an additional 377 shares during the last quarter. Glass Jacobson Investment Advisors llc raised its stake in shares of Schwab U.S. TIPS ETF by 35.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock worth $40,000 after purchasing an additional 383 shares during the period. Financial Freedom LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 0.5% in the 2nd quarter. Financial Freedom LLC now owns 79,080 shares of the company’s stock worth $2,110,000 after buying an additional 405 shares during the last quarter. Sequoia Financial Advisors LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 4.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 9,541 shares of the company’s stock worth $257,000 after buying an additional 423 shares during the last quarter. Finally, Cape Investment Advisory Inc. grew its position in Schwab U.S. TIPS ETF by 28.8% during the second quarter. Cape Investment Advisory Inc. now owns 1,944 shares of the company’s stock valued at $52,000 after buying an additional 435 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Schwab U.S. TIPS ETF stock opened at $26.81 on Monday. Schwab U.S. TIPS ETF has a one year low of $25.83 and a one year high of $27.19. The business has a fifty day moving average price of $26.61 and a 200-day moving average price of $26.79.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein upgraded shares of Schwab U.S. TIPS ETF to a “hold” rating in a research note on Friday, December 5th.

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.