Riverpoint Wealth Management Holdings LLC lifted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 19.0% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 241,406 shares of the company’s stock after buying an additional 38,564 shares during the quarter. Schwab U.S. TIPS ETF accounts for approximately 1.4% of Riverpoint Wealth Management Holdings LLC’s holdings, making the stock its 13th largest position. Riverpoint Wealth Management Holdings LLC’s holdings in Schwab U.S. TIPS ETF were worth $6,395,000 at the end of the most recent quarter.
Other hedge funds have also recently modified their holdings of the company. Founders Financial Alliance LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 392.8% in the third quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock worth $26,000 after buying an additional 766 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of Schwab U.S. TIPS ETF in the fourth quarter worth $29,000. Olistico Wealth LLC purchased a new position in shares of Schwab U.S. TIPS ETF in the fourth quarter worth $30,000. Ameritas Investment Partners Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 83.9% in the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after buying an additional 547 shares in the last quarter. Finally, AlphaCore Capital LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 375.9% in the third quarter. AlphaCore Capital LLC now owns 1,561 shares of the company’s stock worth $42,000 after buying an additional 1,233 shares in the last quarter.
Schwab U.S. TIPS ETF Price Performance
SCHP stock opened at $26.83 on Friday. Schwab U.S. TIPS ETF has a one year low of $26.20 and a one year high of $27.19. The company’s fifty day moving average price is $26.72 and its 200-day moving average price is $26.71.
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.
Read More
- Five stocks we like better than Schwab U.S. TIPS ETF
- Costco’s Strong Quarter Still Leaves Investors With a Valuation Problem
- These 3 Software Stocks Are Buying Back Shares Hand Over Fist
- Gap Inc. Cuts Sales Outlook After Q1 Miss, Shares Drop 17%
- MongoDB’s AI Advantage Is Starting to Show Up in Results
Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
Receive News & Ratings for Schwab U.S. TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.
