Schwab U.S. TIPS ETF $SCHP Stock Acquired by Vilga Financial Planning LLC

Vilga Financial Planning LLC grew its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 44.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 373,311 shares of the company’s stock after buying an additional 114,651 shares during the quarter. Schwab U.S. TIPS ETF makes up 5.7% of Vilga Financial Planning LLC’s holdings, making the stock its 4th biggest holding. Vilga Financial Planning LLC’s holdings in Schwab U.S. TIPS ETF were worth $9,381,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Lincoln National Corp boosted its position in Schwab U.S. TIPS ETF by 180.0% during the first quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock worth $237,038,000 after acquiring an additional 5,726,082 shares during the last quarter. Arax Advisory Partners acquired a new stake in Schwab U.S. TIPS ETF in the 4th quarter valued at about $45,636,000. Pictet Asset Management Holding SA lifted its stake in Schwab U.S. TIPS ETF by 1,764.9% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,267,000 shares of the company’s stock worth $33,715,000 after purchasing an additional 1,199,060 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp boosted its holdings in shares of Schwab U.S. TIPS ETF by 24.8% during the 4th quarter. Adventist Health System Sunbelt Healthcare Corp now owns 5,778,695 shares of the company’s stock worth $153,078,000 after purchasing an additional 1,150,000 shares during the last quarter. Finally, Assetmark Inc. grew its position in shares of Schwab U.S. TIPS ETF by 39.1% in the first quarter. Assetmark Inc. now owns 2,687,120 shares of the company’s stock valued at $71,504,000 after purchasing an additional 755,117 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.3%

Shares of Schwab U.S. TIPS ETF stock opened at $25.20 on Friday. The business’s 50 day moving average price is $25.68 and its 200 day moving average price is $26.24. Schwab U.S. TIPS ETF has a one year low of $25.01 and a one year high of $27.15.

Schwab U.S. TIPS ETF Company 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.