Tandemgrowth Financial Advisors LLC Purchases 27,903 Shares of Schwab U.S. TIPS ETF $SCHP

Tandemgrowth Financial Advisors LLC raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 732,994 shares of the company’s stock after acquiring an additional 27,903 shares during the quarter. Schwab U.S. TIPS ETF comprises 15.0% of Tandemgrowth Financial Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. Tandemgrowth Financial Advisors LLC owned about 0.11% of Schwab U.S. TIPS ETF worth $18,420,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of the company. Sei Investments Co. raised its position in shares of Schwab U.S. TIPS ETF by 5.3% in the 1st quarter. Sei Investments Co. now owns 12,955,292 shares of the company’s stock worth $344,741,000 after acquiring an additional 646,415 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Schwab U.S. TIPS ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,295,573 shares of the company’s stock valued at $166,833,000 after purchasing an additional 300,734 shares in the last quarter. Alesco Advisors LLC An ESL Co grew its stake in Schwab U.S. TIPS ETF by 2.8% during the first quarter. Alesco Advisors LLC An ESL Co now owns 6,121,252 shares of the company’s stock worth $162,887,000 after purchasing an additional 164,878 shares during the period. Armstrong Advisory Group Inc. grew its stake in Schwab U.S. TIPS ETF by 2.9% during the third quarter. Armstrong Advisory Group Inc. now owns 3,629,675 shares of the company’s stock worth $91,214,000 after purchasing an additional 102,157 shares during the period. Finally, State Street Corp grew its stake in Schwab U.S. TIPS ETF by 3.5% during the second quarter. State Street Corp now owns 2,958,188 shares of the company’s stock worth $78,392,000 after purchasing an additional 99,440 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $25.34 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’s 50 day moving average price is $25.46 and its two-hundred day moving average price is $26.25.

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.