Schwab U.S. TIPS ETF (NYSEARCA:SCHP) is Lutz Financial Services LLC’s 8th Largest Position

Lutz Financial Services LLC boosted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 105.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,824,302 shares of the company’s stock after purchasing an additional 937,323 shares during the quarter. Schwab U.S. TIPS ETF comprises 3.8% of Lutz Financial Services LLC’s portfolio, making the stock its 8th biggest position. Lutz Financial Services LLC’s holdings in Schwab U.S. TIPS ETF were worth $47,122,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SCHP. Salem Investment Counselors Inc. raised its position in Schwab U.S. TIPS ETF by 91.8% during the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after buying an additional 506 shares during the last quarter. Independence Bank of Kentucky raised its position in Schwab U.S. TIPS ETF by 107.0% during the 4th quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock worth $32,000 after buying an additional 642 shares during the last quarter. Pathway Financial Advisers LLC raised its position in Schwab U.S. TIPS ETF by 101.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock worth $34,000 after buying an additional 655 shares during the last quarter. First Community Trust NA raised its position in Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after buying an additional 700 shares during the last quarter. Finally, S.A. Mason LLC raised its position in Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock worth $39,000 after buying an additional 760 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.3 %

NYSEARCA:SCHP opened at $26.39 on Friday. The company has a 50 day moving average price of $26.01 and a 200-day moving average price of $26.30. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96.

Schwab U.S. TIPS ETF Company 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.