Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Bought by Larson Financial Group LLC

Larson Financial Group LLC grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 130.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 8,982 shares of the company’s stock after acquiring an additional 5,083 shares during the period. Larson Financial Group LLC’s holdings in Schwab U.S. TIPS ETF were worth $232,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of SCHP. Transcendent Capital Group LLC lifted its holdings in shares of 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 in the last quarter. Salem Investment Counselors Inc. lifted its holdings in shares of 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 in the last quarter. Blue Bell Private Wealth Management LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock valued at $29,000 after purchasing an additional 564 shares in the last quarter. Lindbrook Capital LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 24,260.0% in the fourth quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock valued at $31,000 after purchasing an additional 1,213 shares in the last quarter. Finally, Independence Bank of Kentucky lifted its holdings in shares of 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 in the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.3 %

Shares of NYSEARCA SCHP opened at $26.52 on Wednesday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The firm’s 50-day moving average is $26.18 and its two-hundred day moving average is $26.32.

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.