445,029 Shares in Schwab U.S. TIPS ETF $SCHP Purchased by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC acquired a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 445,029 shares of the company’s stock, valued at approximately $11,184,000. Kestra Private Wealth Services LLC owned 0.07% of Schwab U.S. TIPS ETF as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SCHP. Archer Investment Corp boosted its position in Schwab U.S. TIPS ETF by 212.2% during the 1st quarter. Archer Investment Corp now owns 971 shares of the company’s stock valued at $26,000 after acquiring an additional 660 shares in the last quarter. First Community Trust NA purchased a new stake in Schwab U.S. TIPS ETF in the third quarter valued at about $25,000. Align Financial LLC acquired a new stake in Schwab U.S. TIPS ETF in the 3rd quarter worth approximately $27,000. TOP Private Wealth LLC. acquired a new stake in shares of Schwab U.S. TIPS ETF during the second quarter worth $38,000. Finally, CX Institutional purchased a new stake in shares of Schwab U.S. TIPS ETF during the third quarter valued at $44,000.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA:SCHP opened at $25.55 on Thursday. Schwab U.S. TIPS ETF has a 52-week low of $25.01 and a 52-week high of $26.99. The business has a 50-day moving average price of $25.50 and a 200-day moving average price of $26.27.

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.