Signature Estate & Investment Advisors LLC Buys 27,975 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Signature Estate & Investment Advisors LLC increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 202.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 41,819 shares of the company’s stock after purchasing an additional 27,975 shares during the quarter. Signature Estate & Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,080,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Lynx Investment Advisory lifted its holdings in Schwab U.S. TIPS ETF by 117.0% during the 4th quarter. Lynx Investment Advisory now owns 13,908 shares of the company’s stock worth $359,000 after buying an additional 7,500 shares in the last quarter. Hirtle Callaghan & Co LLC raised its position in shares of Schwab U.S. TIPS ETF by 80.7% during the fourth quarter. Hirtle Callaghan & Co LLC now owns 684,842 shares of the company’s stock worth $17,689,000 after acquiring an additional 305,881 shares during the last quarter. Congress Wealth Management LLC DE lifted its stake in shares of Schwab U.S. TIPS ETF by 81.3% during the fourth quarter. Congress Wealth Management LLC DE now owns 113,484 shares of the company’s stock valued at $2,931,000 after acquiring an additional 50,879 shares during the period. Clune & Associates LTD. bought a new position in Schwab U.S. TIPS ETF in the fourth quarter valued at about $986,000. Finally, Community Bank N.A. increased its position in Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock worth $27,000 after purchasing an additional 526 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.62 on Wednesday. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96. The company’s 50-day moving average is $26.34 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.