Advisory Alpha LLC Purchases 468,543 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Advisory Alpha LLC boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 91.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 980,880 shares of the company’s stock after acquiring an additional 468,543 shares during the period. Schwab U.S. TIPS ETF accounts for 0.9% of Advisory Alpha LLC’s portfolio, making the stock its 29th largest position. Advisory Alpha LLC owned 0.46% of Schwab U.S. TIPS ETF worth $25,336,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Renaissance Technologies LLC bought a new position in Schwab U.S. TIPS ETF in the second quarter valued at approximately $943,000. Thrivent Financial for Lutherans increased its holdings in Schwab U.S. TIPS ETF by 5.7% in the second quarter. Thrivent Financial for Lutherans now owns 212,048 shares of the company’s stock valued at $11,029,000 after purchasing an additional 11,452 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Schwab U.S. TIPS ETF by 66.6% in the second quarter. EverSource Wealth Advisors LLC now owns 16,489 shares of the company’s stock valued at $869,000 after buying an additional 6,591 shares during the period. Smith Thornton Advisors LLC bought a new position in Schwab U.S. TIPS ETF during the second quarter worth about $1,455,000. Finally, Full Sail Capital LLC raised its position in shares of Schwab U.S. TIPS ETF by 6.3% in the 2nd quarter. Full Sail Capital LLC now owns 660,753 shares of the company’s stock valued at $34,366,000 after acquiring an additional 38,984 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $25.97 on Wednesday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96. The company’s fifty day moving average is $26.04 and its 200-day moving average is $26.30.

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.