Schwab U.S. TIPS ETF $SCHP Stock: Prime Capital Investment Advisors LLC Boosts Holdings

Prime Capital Investment Advisors LLC lifted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1.3% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 2,354,235 shares of the company’s stock after purchasing an additional 30,894 shares during the quarter. Prime Capital Investment Advisors LLC owned about 0.37% of Schwab U.S. TIPS ETF worth $59,162,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of SCHP. Prentice Wealth Management LLC increased its stake in Schwab U.S. TIPS ETF by 4.8% during the 3rd quarter. Prentice Wealth Management LLC now owns 1,122,609 shares of the company’s stock valued at $28,211,000 after purchasing an additional 50,975 shares in the last quarter. Stewardship Advisors LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 7.2% in the third quarter. Stewardship Advisors LLC now owns 22,432 shares of the company’s stock worth $564,000 after buying an additional 1,511 shares during the last quarter. Islay Capital Management LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 178.6% in the third quarter. Islay Capital Management LLC now owns 78,000 shares of the company’s stock worth $1,960,000 after buying an additional 50,000 shares during the last quarter. Williams Financial LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 2.8% during the third quarter. Williams Financial LLC now owns 239,109 shares of the company’s stock worth $6,009,000 after buying an additional 6,562 shares during the period. Finally, Kondo Wealth Advisors Inc. lifted its stake in shares of Schwab U.S. TIPS ETF by 14.9% during the third quarter. Kondo Wealth Advisors Inc. now owns 17,648 shares of the company’s stock worth $444,000 after buying an additional 2,292 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP traded up $0.04 during trading hours on Tuesday, reaching $25.41. 1,799,376 shares of the company traded hands, compared to its average volume of 4,805,883. Schwab U.S. TIPS ETF has a 12-month low of $25.01 and a 12-month high of $27.15. The business has a fifty day moving average price of $25.59 and a 200-day moving average price of $26.18.

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.