Soltis Investment Advisors LLC Has $1.89 Million Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Soltis Investment Advisors LLC increased its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 106.2% during the fourth quarter, HoldingsChannel reports. The fund owned 73,058 shares of the company’s stock after acquiring an additional 37,632 shares during the quarter. Soltis Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,887,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Savant Capital LLC grew its position in Schwab U.S. TIPS ETF by 89.6% in the 4th quarter. Savant Capital LLC now owns 603,311 shares of the company’s stock worth $15,584,000 after purchasing an additional 285,027 shares in the last quarter. Liberty Capital Management Inc. grew its position in Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Liberty Capital Management Inc. now owns 10,312 shares of the company’s stock worth $266,000 after purchasing an additional 5,156 shares in the last quarter. Kestra Private Wealth Services LLC grew its position in Schwab U.S. TIPS ETF by 158.8% in the 4th quarter. Kestra Private Wealth Services LLC now owns 372,617 shares of the company’s stock worth $9,625,000 after purchasing an additional 228,641 shares in the last quarter. Moser Wealth Advisors LLC grew its position in Schwab U.S. TIPS ETF by 95.6% in the 4th quarter. Moser Wealth Advisors LLC now owns 113,582 shares of the company’s stock worth $2,934,000 after purchasing an additional 55,506 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB grew its position in Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 18,000 shares of the company’s stock worth $465,000 after purchasing an additional 9,000 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.0 %

Shares of SCHP stock opened at $26.26 on Tuesday. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96. The company has a 50-day simple moving average of $26.02 and a two-hundred day simple moving average of $26.30.

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.