Schwab U.S. TIPS ETF $SCHP Holdings Boosted by LifeGuide Financial Advisors LLC

LifeGuide Financial Advisors LLC increased its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 9.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,837,308 shares of the company’s stock after buying an additional 154,957 shares during the quarter. Schwab U.S. TIPS ETF accounts for 16.1% of LifeGuide Financial Advisors LLC’s portfolio, making the stock its 2nd largest position. LifeGuide Financial Advisors LLC owned about 0.33% of Schwab U.S. TIPS ETF worth $48,652,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of SCHP. Founders Financial Alliance LLC grew its position in Schwab U.S. TIPS ETF by 392.8% during the third quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock valued at $26,000 after acquiring an additional 766 shares during the last quarter. Financial Consulate Inc. purchased a new position in shares of Schwab U.S. TIPS ETF during the third quarter worth approximately $29,000. Ameritas Investment Partners Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 83.9% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after acquiring an additional 547 shares during the last quarter. Glass Jacobson Investment Advisors llc boosted its stake in shares of Schwab U.S. TIPS ETF by 35.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock valued at $40,000 after purchasing an additional 383 shares in the last quarter. Finally, AlphaCore Capital LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 375.9% in the 3rd quarter. AlphaCore Capital LLC now owns 1,561 shares of the company’s stock valued at $42,000 after purchasing an additional 1,233 shares in the last quarter.

Wall Street Analyst Weigh In

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

Schwab U.S. TIPS ETF Stock Down 0.1%

Shares of NYSEARCA SCHP opened at $26.78 on Friday. Schwab U.S. TIPS ETF has a 52 week low of $25.83 and a 52 week high of $27.19. The firm’s fifty day moving average is $26.72 and its 200 day moving average is $26.80.

Schwab U.S. TIPS ETF Company 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.