Barrett & Company Inc. Has $380,000 Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Barrett & Company Inc. raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,702 shares of the company’s stock after acquiring an additional 7,351 shares during the period. Barrett & Company Inc.’s holdings in Schwab U.S. TIPS ETF were worth $380,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Salem Investment Counselors Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 91.8% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after purchasing an additional 506 shares during the last quarter. Capital Performance Advisors LLP bought a new stake in shares of Schwab U.S. TIPS ETF during the third quarter valued at approximately $63,000. Independence Bank of Kentucky grew its stake in shares of Schwab U.S. TIPS ETF by 107.0% during the fourth quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock valued at $32,000 after purchasing an additional 642 shares during the last quarter. First Community Trust NA grew its stake in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after purchasing an additional 700 shares during the last quarter. Finally, S.A. Mason LLC grew its stake in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock valued at $39,000 after purchasing an additional 760 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.2 %

Shares of SCHP stock opened at $26.32 on Friday. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96. The firm’s 50 day moving average price is $26.02 and its two-hundred day moving average price is $26.30.

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.