Ballast Advisors LLC Buys 2,992 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Ballast Advisors LLC increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 116.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,569 shares of the company’s stock after acquiring an additional 2,992 shares during the period. Ballast Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $144,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of SCHP. Salem Investment Counselors Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 91.8% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after buying an additional 506 shares during the last quarter. Transcendent Capital Group LLC lifted 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 acquiring an additional 554 shares during the last quarter. Blue Bell Private Wealth Management LLC grew its position in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock valued at $29,000 after acquiring an additional 564 shares during the period. Lindbrook Capital LLC increased its stake in shares of Schwab U.S. TIPS ETF by 24,260.0% during the 4th quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock worth $31,000 after purchasing an additional 1,213 shares during the last quarter. Finally, Independence Bank of Kentucky raised its holdings in shares of Schwab U.S. TIPS ETF by 107.0% in the 4th 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.

Schwab U.S. TIPS ETF Trading Up 0.1 %

Shares of NYSEARCA:SCHP opened at $26.68 on Friday. 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 $26.28 and a 200 day simple moving average of $26.32.

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.