Shearwater Capital LLC Purchases 10,643 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Shearwater Capital LLC grew its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,290 shares of the company’s stock after buying an additional 10,643 shares during the quarter. Schwab U.S. TIPS ETF makes up about 0.4% of Shearwater Capital LLC’s investment portfolio, making the stock its 27th biggest position. Shearwater Capital LLC’s holdings in Schwab U.S. TIPS ETF were worth $550,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Capital Performance Advisors LLP acquired a new stake in Schwab U.S. TIPS ETF in the 3rd quarter valued at about $63,000. Fairscale Capital LLC bought a new stake in shares of Schwab U.S. TIPS ETF during the second quarter valued at approximately $105,000. CWM LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 13.9% in the third quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $151,000 after purchasing an additional 344 shares in the last quarter. Mount Yale Investment Advisors LLC bought a new position in Schwab U.S. TIPS ETF in the 3rd quarter worth approximately $202,000. Finally, WealthBridge Capital Management LLC acquired a new position in Schwab U.S. TIPS ETF during the 3rd quarter worth $203,000.

Schwab U.S. TIPS ETF Stock Up 0.2 %

SCHP traded up $0.04 during mid-day trading on Wednesday, reaching $25.78. The stock had a trading volume of 2,868,177 shares, compared to its average volume of 3,561,659. The firm’s fifty day simple moving average is $26.12 and its two-hundred day simple moving average is $26.31. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $26.96.

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.