Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Position Boosted by Cordant Inc.

Cordant Inc. lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 105.2% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,660 shares of the company’s stock after purchasing an additional 1,364 shares during the quarter. Cordant Inc.’s holdings in Schwab U.S. TIPS ETF were worth $69,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the business. Salem Investment Counselors Inc. raised its holdings in Schwab U.S. TIPS ETF by 91.8% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after purchasing an additional 506 shares in the last quarter. First Community Trust NA raised its stake in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after buying an additional 700 shares in the last quarter. Capital Performance Advisors LLP acquired a new stake in shares of Schwab U.S. TIPS ETF in the third quarter valued at $63,000. Pacifica Partners Inc. boosted its stake in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Pacifica Partners Inc. now owns 3,076 shares of the company’s stock valued at $79,000 after buying an additional 1,538 shares in the last quarter. Finally, Fairscale Capital LLC acquired a new position in Schwab U.S. TIPS ETF during the second quarter worth about $105,000.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $25.90 on Thursday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96. The firm has a 50-day moving average of $26.06 and a two-hundred day moving average of $26.30.

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.