Perfromance Wealth Partners LLC Raises Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Perfromance Wealth Partners LLC increased its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 83.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 153,703 shares of the company’s stock after acquiring an additional 69,954 shares during the period. Perfromance Wealth Partners LLC owned approximately 0.07% of Schwab U.S. TIPS ETF worth $3,970,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new position in Schwab U.S. TIPS ETF in the third quarter worth about $483,000. Brookstone Capital Management boosted its position in shares of Schwab U.S. TIPS ETF by 161.2% during the fourth quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock valued at $446,000 after buying an additional 10,651 shares during the period. Full Sail Capital LLC boosted its position in shares of Schwab U.S. TIPS ETF by 6.3% during the second quarter. Full Sail Capital LLC now owns 660,753 shares of the company’s stock valued at $34,366,000 after buying an additional 38,984 shares during the period. Canandaigua National Bank & Trust Co. boosted its position in shares of Schwab U.S. TIPS ETF by 105.0% during the fourth quarter. Canandaigua National Bank & Trust Co. now owns 12,252 shares of the company’s stock valued at $316,000 after buying an additional 6,276 shares during the period. Finally, Principal Financial Group Inc. boosted its position in shares of Schwab U.S. TIPS ETF by 6.3% during the third quarter. Principal Financial Group Inc. now owns 173,650 shares of the company’s stock valued at $9,313,000 after buying an additional 10,327 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA:SCHP opened at $25.97 on Wednesday. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96. The business has a 50 day simple moving average of $26.04 and a two-hundred day simple moving average of $26.30.

About Schwab U.S. TIPS ETF

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.