Retirement Financial Solutions LLC Invests $5.99 Million in Schwab U.S. TIPS ETF $SCHP

Retirement Financial Solutions LLC bought a new position in Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 225,230 shares of the company’s stock, valued at approximately $5,993,000. Schwab U.S. TIPS ETF accounts for about 1.7% of Retirement Financial Solutions LLC’s holdings, making the stock its 21st biggest position.

Other hedge funds also recently made changes to their positions in the company. Lloyd Advisory Services LLC. bought a new stake in Schwab U.S. TIPS ETF in the 4th quarter worth $29,000. Olistico Wealth LLC purchased a new position in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at about $30,000. Ameritas Investment Partners Inc. raised its stake in shares of Schwab U.S. TIPS ETF by 83.9% during the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after acquiring an additional 547 shares during the last quarter. CIBC Private Wealth Group LLC raised its stake in shares of Schwab U.S. TIPS ETF by 69.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock valued at $35,000 after acquiring an additional 541 shares during the last quarter. Finally, LGT Financial Advisors LLC purchased a new stake in shares of Schwab U.S. TIPS ETF during the third quarter worth about $49,000.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.29 on Friday. Schwab U.S. TIPS ETF has a 1-year low of $26.23 and a 1-year high of $27.19. The firm has a 50-day moving average of $26.63 and a 200-day moving average of $26.66.

About Schwab U.S. TIPS ETF

(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.

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

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