Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Bought by SignalPoint Asset Management LLC

SignalPoint Asset Management LLC grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 70.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 22,023 shares of the company’s stock after purchasing an additional 9,130 shares during the quarter. SignalPoint Asset Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $569,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Salem Investment Counselors Inc. lifted its stake in shares of 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. Capital Performance Advisors LLP acquired a new position in shares of Schwab U.S. TIPS ETF during the third quarter worth about $63,000. First Community Trust NA lifted its stake in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after purchasing an additional 700 shares in the last quarter. Fairscale Capital LLC acquired a new position in shares of Schwab U.S. TIPS ETF during the second quarter worth about $105,000. Finally, CWM LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 13.9% during the third quarter. CWM LLC now owns 2,810 shares of the company’s stock worth $151,000 after purchasing an additional 344 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP opened at $25.90 on Thursday. The stock’s 50-day moving average is $26.06 and its two-hundred day moving average is $26.30. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $26.96.

Schwab U.S. TIPS ETF Company 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.