Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Free Report) shares saw unusually-strong trading volume on Wednesday . 14,912,707 shares changed hands during trading, an increase of 239% from the previous session’s volume of 4,395,659 shares.The stock last traded at $26.48 and had previously closed at $26.38.
Schwab U.S. TIPS ETF Stock Up 0.4%
The stock has a 50 day simple moving average of $26.69 and a two-hundred day simple moving average of $26.67.
Institutional Investors Weigh In On Schwab U.S. TIPS ETF
Several hedge funds and other institutional investors have recently made changes to their positions in SCHP. Archer Investment Corp raised its holdings in Schwab U.S. TIPS ETF by 212.2% during the first quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after purchasing an additional 660 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter valued at $29,000. Olistico Wealth LLC purchased a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter valued at $30,000. Ameritas Investment Partners Inc. grew its position 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 valued at $32,000 after buying an additional 547 shares during the last quarter. Finally, CIBC Private Wealth Group LLC raised its stake in Schwab U.S. TIPS ETF by 69.8% during the 4th quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock worth $35,000 after acquiring an additional 541 shares in the last quarter.
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.
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