Curio Wealth LLC Acquires New Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Curio Wealth LLC bought a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 40,815 shares of the company’s stock, valued at approximately $1,054,000. Schwab U.S. TIPS ETF comprises 0.6% of Curio Wealth LLC’s portfolio, making the stock its 29th largest holding.

Several other institutional investors and hedge funds also recently modified their holdings of SCHP. Empower Advisory Group LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 116.0% during the fourth quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock valued at $989,317,000 after acquiring an additional 20,565,226 shares during the last quarter. Municipal Employees Retirement System of Michigan purchased a new position in Schwab U.S. TIPS ETF in the 4th quarter valued at about $402,061,000. Lincoln National Corp boosted its stake in shares of Schwab U.S. TIPS ETF by 100.2% during the 4th quarter. Lincoln National Corp now owns 8,227,198 shares of the company’s stock worth $212,509,000 after purchasing an additional 4,118,522 shares during the last quarter. Alesco Advisors LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 105.9% during the fourth quarter. Alesco Advisors LLC now owns 5,570,374 shares of the company’s stock worth $143,883,000 after buying an additional 2,865,603 shares in the last quarter. Finally, CENTRAL TRUST Co raised its position in shares of Schwab U.S. TIPS ETF by 92.2% in the fourth quarter. CENTRAL TRUST Co now owns 5,872,188 shares of the company’s stock valued at $151,679,000 after buying an additional 2,817,586 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA SCHP opened at $26.46 on Monday. The firm’s 50 day moving average price is $26.22 and its 200 day moving average price is $26.31. 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 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.