Exencial Wealth Advisors LLC Increases Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Exencial Wealth Advisors LLC boosted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 72.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 187,946 shares of the company’s stock after acquiring an additional 78,810 shares during the period. Exencial Wealth Advisors LLC owned about 0.09% of Schwab U.S. TIPS ETF worth $4,855,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Salem Investment Counselors Inc. increased its stake in Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after purchasing an additional 506 shares during the period. Transcendent Capital Group LLC increased its stake in Schwab U.S. TIPS ETF by 112.1% in the fourth quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock valued at $27,000 after purchasing an additional 554 shares during the period. Independence Bank of Kentucky increased its stake in Schwab U.S. TIPS ETF by 107.0% in the fourth quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock valued at $32,000 after purchasing an additional 642 shares during the period. Pathway Financial Advisers LLC increased its stake in Schwab U.S. TIPS ETF by 101.9% in the fourth quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock valued at $34,000 after purchasing an additional 655 shares during the period. Finally, First Community Trust NA increased its stake in Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after purchasing an additional 700 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP opened at $26.69 on Wednesday. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96. The firm’s fifty day moving average is $26.10 and its two-hundred day moving average is $26.31.

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.