Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Purchased by Mayflower Financial Advisors LLC

Mayflower Financial Advisors LLC lifted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHPGet Rating) by 37.9% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 49,688 shares of the company’s stock after purchasing an additional 13,660 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,773,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. Baltimore Washington Financial Advisors Inc. acquired a new stake in Schwab U.S. TIPS ETF during the 1st quarter worth approximately $567,000. Carolinas Wealth Consulting LLC acquired a new stake in Schwab U.S. TIPS ETF during the 4th quarter worth approximately $35,000. Lansing Street Advisors acquired a new stake in Schwab U.S. TIPS ETF during the 1st quarter worth approximately $34,000. Independence Bank of Kentucky purchased a new position in shares of Schwab U.S. TIPS ETF during the 1st quarter worth approximately $36,000. Finally, PrairieView Partners LLC purchased a new position in shares of Schwab U.S. TIPS ETF during the 1st quarter worth approximately $41,000.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock traded down $0.22 during trading hours on Friday, reaching $53.11. 3,738,320 shares of the company’s stock were exchanged, compared to its average volume of 4,521,362. The company’s 50 day moving average is $55.94 and its two-hundred day moving average is $57.62. Schwab U.S. TIPS ETF has a 1 year low of $53.03 and a 1 year high of $64.15.

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Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

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