LongView Wealth Management Acquires 22,998 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

LongView Wealth Management boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 83.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 50,404 shares of the company’s stock after buying an additional 22,998 shares during the quarter. LongView Wealth Management’s holdings in Schwab U.S. TIPS ETF were worth $1,302,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Salem Investment Counselors Inc. grew 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 during the period. First Community Trust NA raised its stake in 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 valued at $36,000 after acquiring an additional 700 shares during the period. Decker Retirement Planning Inc. bought a new position in Schwab U.S. TIPS ETF during the fourth quarter worth $45,000. Capital Performance Advisors LLP acquired a new position in Schwab U.S. TIPS ETF in the 3rd quarter valued at about $63,000. Finally, Cordant Inc. lifted its position in Schwab U.S. TIPS ETF by 105.2% during the fourth quarter. Cordant Inc. now owns 2,660 shares of the company’s stock worth $69,000 after acquiring an additional 1,364 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Schwab U.S. TIPS ETF stock opened at $25.95 on Friday. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $26.96. The stock’s 50 day moving average is $26.05 and its 200-day moving average is $26.29.

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.