Charles Schwab Trust Co Purchases 12,655 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Charles Schwab Trust Co increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 51.1% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 37,431 shares of the company’s stock after buying an additional 12,655 shares during the period. Charles Schwab Trust Co’s holdings in Schwab U.S. TIPS ETF were worth $1,952,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the company. McNaughton Wealth Management LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 5.8% during the 1st quarter. McNaughton Wealth Management LLC now owns 54,327 shares of the company’s stock worth $2,834,000 after buying an additional 2,990 shares during the period. Navalign LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 16.6% during the 1st quarter. Navalign LLC now owns 429,825 shares of the company’s stock worth $22,420,000 after buying an additional 61,075 shares during the period. Financial Synergies Wealth Advisors Inc. bought a new stake in shares of Schwab U.S. TIPS ETF during the 1st quarter worth $60,000. Walker Financial Services Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 8.8% during the 1st quarter. Walker Financial Services Inc. now owns 229,660 shares of the company’s stock worth $11,979,000 after buying an additional 18,539 shares during the period. Finally, Security Financial Services INC. boosted its holdings in shares of Schwab U.S. TIPS ETF by 3.2% during the 1st quarter. Security Financial Services INC. now owns 20,901 shares of the company’s stock worth $1,090,000 after buying an additional 643 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Schwab U.S. TIPS ETF stock traded down $0.01 during mid-day trading on Tuesday, reaching $52.17. The company had a trading volume of 685,744 shares, compared to its average volume of 1,262,076. The company has a 50 day moving average of $51.69 and a 200-day moving average of $51.82. Schwab U.S. TIPS ETF has a 52 week low of $49.50 and a 52 week high of $52.72.

Schwab U.S. TIPS ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

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