Schwab U.S. TIPS ETF $SCHP Shares Acquired by Kestra Advisory Services LLC

Kestra Advisory Services LLC lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 34.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 118,384 shares of the company’s stock after buying an additional 30,205 shares during the quarter. Kestra Advisory Services LLC’s holdings in Schwab U.S. TIPS ETF were worth $3,150,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHP. Pine Haven Investment Counsel Inc boosted its holdings in Schwab U.S. TIPS ETF by 0.9% in the 4th quarter. Pine Haven Investment Counsel Inc now owns 42,192 shares of the company’s stock worth $1,118,000 after acquiring an additional 390 shares during the period. Fortis Capital Management LLC raised its stake in shares of Schwab U.S. TIPS ETF by 1.3% during the fourth quarter. Fortis Capital Management LLC now owns 30,765 shares of the company’s stock valued at $815,000 after purchasing an additional 390 shares during the period. Cape Investment Advisory Inc. raised its stake in shares of Schwab U.S. TIPS ETF by 21.2% during the third quarter. Cape Investment Advisory Inc. now owns 2,356 shares of the company’s stock valued at $63,000 after purchasing an additional 412 shares during the period. Arta Finance Wealth Management LLC raised its stake in shares of Schwab U.S. TIPS ETF by 1.8% during the first quarter. Arta Finance Wealth Management LLC now owns 27,080 shares of the company’s stock valued at $720,000 after purchasing an additional 474 shares during the period. Finally, Vista Capital Partners Inc. lifted its position in shares of Schwab U.S. TIPS ETF by 2.8% during the fourth quarter. Vista Capital Partners Inc. now owns 19,104 shares of the company’s stock worth $506,000 after purchasing an additional 523 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock opened at $26.26 on Friday. The firm has a fifty day simple moving average of $26.50 and a 200-day simple moving average of $26.63. Schwab U.S. TIPS ETF has a twelve month low of $26.14 and a twelve month 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.