Krilogy Financial LLC Invests $542,000 in Schwab U.S. TIPS ETF $SCHP

Krilogy Financial LLC purchased a new position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the first quarter, Holdings Channel reports. The firm purchased 20,227 shares of the company’s stock, valued at approximately $542,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHP. Lloyd Advisory Services LLC. bought a new stake in Schwab U.S. TIPS ETF during the fourth quarter worth about $29,000. Olistico Wealth LLC bought a new position in Schwab U.S. TIPS ETF in the 4th quarter valued at about $30,000. Ameritas Investment Partners Inc. increased its holdings in Schwab U.S. TIPS ETF by 83.9% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after buying an additional 547 shares during the period. CIBC Private Wealth Group LLC raised its position in shares of Schwab U.S. TIPS ETF by 69.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock valued at $35,000 after buying an additional 541 shares in the last quarter. Finally, AlphaCore Capital LLC raised its position in shares of Schwab U.S. TIPS ETF by 375.9% in the 3rd quarter. AlphaCore Capital LLC now owns 1,561 shares of the company’s stock valued at $42,000 after buying an additional 1,233 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.2%

Shares of Schwab U.S. TIPS ETF stock opened at $26.57 on Friday. The company has a 50 day moving average of $26.67 and a 200-day moving average of $26.67. Schwab U.S. TIPS ETF has a 1-year low of $26.37 and a 1-year high of $27.19.

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.