Koss Olinger Consulting LLC Boosts Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Koss Olinger Consulting LLC grew its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 87.1% in the 4th quarter, HoldingsChannel reports. The firm owned 73,885 shares of the company’s stock after purchasing an additional 34,397 shares during the quarter. Koss Olinger Consulting LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,908,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in SCHP. Wilmington Savings Fund Society FSB purchased a new position in Schwab U.S. TIPS ETF in the third quarter worth approximately $483,000. Brookstone Capital Management lifted its stake in Schwab U.S. TIPS ETF by 161.2% in the fourth quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock worth $446,000 after acquiring an additional 10,651 shares during the last quarter. Allworth Financial LP lifted its stake in Schwab U.S. TIPS ETF by 820.4% in the fourth quarter. Allworth Financial LP now owns 17,976 shares of the company’s stock worth $466,000 after acquiring an additional 16,023 shares during the last quarter. Barrett & Company Inc. lifted its stake in Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. Barrett & Company Inc. now owns 14,702 shares of the company’s stock worth $380,000 after acquiring an additional 7,351 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of Schwab U.S. TIPS ETF by 136.4% during the 4th quarter. Jones Financial Companies Lllp now owns 12,299 shares of the company’s stock worth $318,000 after buying an additional 7,096 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA:SCHP opened at $26.52 on Wednesday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96. The firm has a 50 day simple moving average of $26.25 and a 200-day simple moving average of $26.31.

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.