Mayflower Financial Advisors LLC Buys 3,687 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Mayflower Financial Advisors LLC increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 89.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 7,831 shares of the company’s stock after acquiring an additional 3,687 shares during the quarter. Mayflower Financial Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $202,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Perigon Wealth Management LLC lifted its holdings in Schwab U.S. TIPS ETF by 91.7% during the 4th quarter. Perigon Wealth Management LLC now owns 90,506 shares of the company’s stock worth $2,347,000 after buying an additional 43,300 shares in the last quarter. MBE Wealth Management LLC raised its position in shares of Schwab U.S. TIPS ETF by 141.3% during the fourth quarter. MBE Wealth Management LLC now owns 244,887 shares of the company’s stock worth $6,325,000 after acquiring an additional 143,409 shares during the last quarter. VCI Wealth Management LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 100.1% during the fourth quarter. VCI Wealth Management LLC now owns 251,999 shares of the company’s stock valued at $6,509,000 after acquiring an additional 126,037 shares during the period. Curbstone Financial Management Corp boosted its holdings in Schwab U.S. TIPS ETF by 99.5% in the fourth quarter. Curbstone Financial Management Corp now owns 190,520 shares of the company’s stock valued at $4,921,000 after acquiring an additional 95,010 shares during the last quarter. Finally, Pacific Capital Wealth Advisors Inc. increased its position in Schwab U.S. TIPS ETF by 44.8% in the fourth quarter. Pacific Capital Wealth Advisors Inc. now owns 211,495 shares of the company’s stock worth $5,463,000 after purchasing an additional 65,454 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA:SCHP opened at $26.11 on Thursday. 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 moving average price of $26.03 and a two-hundred day moving average price 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.