Schwab U.S. TIPS ETF $SCHP Position Lifted by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 428,723 shares of the company’s stock after acquiring an additional 24,786 shares during the period. Kestra Private Wealth Services LLC owned about 0.07% of Schwab U.S. TIPS ETF worth $11,408,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of SCHP. Pine Haven Investment Counsel Inc raised its stake in Schwab U.S. TIPS ETF by 0.9% during the fourth quarter. Pine Haven Investment Counsel Inc now owns 42,192 shares of the company’s stock valued at $1,118,000 after buying an additional 390 shares in the last quarter. Fortis Capital Management LLC raised its position in shares of Schwab U.S. TIPS ETF by 1.3% during the 4th quarter. Fortis Capital Management LLC now owns 30,765 shares of the company’s stock valued at $815,000 after acquiring an additional 390 shares in the last quarter. Cape Investment Advisory Inc. lifted its stake in Schwab U.S. TIPS ETF by 21.2% during the third quarter. Cape Investment Advisory Inc. now owns 2,356 shares of the company’s stock worth $63,000 after purchasing an additional 412 shares during the last quarter. Arta Finance Wealth Management LLC lifted its stake in Schwab U.S. TIPS ETF by 1.8% during the first quarter. Arta Finance Wealth Management LLC now owns 27,080 shares of the company’s stock worth $720,000 after purchasing an additional 474 shares during the last quarter. Finally, Vista Capital Partners Inc. boosted its holdings in Schwab U.S. TIPS ETF by 2.8% in the fourth quarter. Vista Capital Partners Inc. now owns 19,104 shares of the company’s stock worth $506,000 after purchasing an additional 523 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.2%

SCHP stock opened at $26.52 on Friday. Schwab U.S. TIPS ETF has a 1-year low of $26.37 and a 1-year high of $27.19. The firm has a fifty day moving average price of $26.67 and a two-hundred day moving average price of $26.67.

Schwab U.S. TIPS ETF 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.