Kohmann Bosshard Financial Services LLC Increases Stake in Schwab U.S. TIPS ETF $SCHP

Kohmann Bosshard Financial Services LLC increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 5.0% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,431,353 shares of the company’s stock after purchasing an additional 68,715 shares during the quarter. Schwab U.S. TIPS ETF makes up about 3.2% of Kohmann Bosshard Financial Services LLC’s portfolio, making the stock its 7th largest holding. Kohmann Bosshard Financial Services LLC owned about 0.25% of Schwab U.S. TIPS ETF worth $38,115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Traub Capital Management LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 4.5% in the 1st quarter. Traub Capital Management LLC now owns 30,494 shares of the company’s stock valued at $811,000 after acquiring an additional 1,325 shares during the last quarter. Mayflower Financial Advisors LLC bought a new position in Schwab U.S. TIPS ETF in the first quarter valued at about $236,000. Comprehensive Money Management Services LLC raised its position in Schwab U.S. TIPS ETF by 2.2% in the first quarter. Comprehensive Money Management Services LLC now owns 72,567 shares of the company’s stock valued at $1,931,000 after purchasing an additional 1,560 shares during the last quarter. Bigelow Investment Advisors LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 6.4% during the first quarter. Bigelow Investment Advisors LLC now owns 40,955 shares of the company’s stock valued at $1,090,000 after purchasing an additional 2,474 shares in the last quarter. Finally, Asset Allocation Strategies LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 3.3% during the first quarter. Asset Allocation Strategies LLC now owns 29,200 shares of the company’s stock valued at $777,000 after purchasing an additional 940 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA:SCHP opened at $26.50 on Wednesday. The stock’s 50-day moving average is $26.66 and its 200-day moving average is $26.66. Schwab U.S. TIPS ETF has a 1-year low of $26.37 and a 1-year high of $27.19.

About Schwab U.S. TIPS ETF

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.