Koshinski Asset Management Inc. Acquires 8,394 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Koshinski Asset Management Inc. boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 77.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 19,294 shares of the company’s stock after acquiring an additional 8,394 shares during the period. Koshinski Asset Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $498,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in the company. Prairiewood Capital LLC increased its position in Schwab U.S. TIPS ETF by 131.1% during the 4th quarter. Prairiewood Capital LLC now owns 350,847 shares of the company’s stock worth $9,062,000 after buying an additional 199,019 shares during the period. Breakwater Investment Management increased its position in Schwab U.S. TIPS ETF by 101.1% during the 4th quarter. Breakwater Investment Management now owns 56,202 shares of the company’s stock worth $1,452,000 after buying an additional 28,261 shares during the period. Zhang Financial LLC increased its position in Schwab U.S. TIPS ETF by 84.8% during the 4th quarter. Zhang Financial LLC now owns 15,282 shares of the company’s stock worth $395,000 after buying an additional 7,014 shares during the period. Maltin Wealth Management Inc. increased its position in Schwab U.S. TIPS ETF by 104.9% during the 4th quarter. Maltin Wealth Management Inc. now owns 74,860 shares of the company’s stock worth $1,934,000 after buying an additional 38,327 shares during the period. Finally, UMB Bank n.a. increased its position in Schwab U.S. TIPS ETF by 455.3% during the 4th quarter. UMB Bank n.a. now owns 23,366 shares of the company’s stock worth $604,000 after buying an additional 19,158 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.1 %

SCHP stock opened at $25.94 on Thursday. The business’s fifty day moving average price is $26.04 and its two-hundred day moving average price is $26.30. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96.

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.