Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Bought by Ellenbecker Investment Group

Ellenbecker Investment Group boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 15.6% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 61,114 shares of the company’s stock after purchasing an additional 8,240 shares during the period. Schwab U.S. TIPS ETF makes up approximately 0.7% of Ellenbecker Investment Group’s portfolio, making the stock its 17th biggest holding. Ellenbecker Investment Group’s holdings in Schwab U.S. TIPS ETF were worth $3,190,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Friedenthal Financial grew its position in shares of Schwab U.S. TIPS ETF by 0.8% during the 4th quarter. Friedenthal Financial now owns 25,747 shares of the company’s stock valued at $1,344,000 after acquiring an additional 193 shares during the period. Summit Global Investments grew its position in shares of Schwab U.S. TIPS ETF by 3.0% during the 3rd quarter. Summit Global Investments now owns 8,313 shares of the company’s stock valued at $420,000 after acquiring an additional 241 shares during the period. Mayflower Financial Advisors LLC grew its position in shares of Schwab U.S. TIPS ETF by 1.6% during the 4th quarter. Mayflower Financial Advisors LLC now owns 17,251 shares of the company’s stock valued at $901,000 after acquiring an additional 270 shares during the period. Cedar Brook Financial Partners LLC grew its position in shares of Schwab U.S. TIPS ETF by 3.0% during the 3rd quarter. Cedar Brook Financial Partners LLC now owns 9,457 shares of the company’s stock valued at $477,000 after acquiring an additional 277 shares during the period. Finally, Stratos Wealth Partners LTD. boosted its holdings in Schwab U.S. TIPS ETF by 0.9% in the 3rd quarter. Stratos Wealth Partners LTD. now owns 32,544 shares of the company’s stock worth $1,643,000 after buying an additional 302 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.2 %

SCHP traded up $0.11 during trading on Tuesday, reaching $51.38. The company’s stock had a trading volume of 1,098,855 shares, compared to its average volume of 1,240,770. The firm has a fifty day simple moving average of $51.73 and a two-hundred day simple moving average of $51.45. Schwab U.S. TIPS ETF has a 1 year low of $49.50 and a 1 year high of $53.92.

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.