Elios Financial Group Inc. Has $328,000 Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Elios Financial Group Inc. boosted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 119.2% in the fourth quarter, HoldingsChannel reports. The firm owned 12,685 shares of the company’s stock after buying an additional 6,898 shares during the period. Elios Financial Group Inc.’s holdings in Schwab U.S. TIPS ETF were worth $328,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHP. Wilmington Savings Fund Society FSB acquired a new stake in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at about $483,000. Brookstone Capital Management raised its stake in Schwab U.S. TIPS ETF by 161.2% during the 4th quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock worth $446,000 after buying an additional 10,651 shares during the period. Allworth Financial LP boosted its holdings 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 in the last quarter. Blair William & Co. IL grew its stake in Schwab U.S. TIPS ETF by 89.5% in the fourth quarter. Blair William & Co. IL now owns 13,434 shares of the company’s stock valued at $347,000 after acquiring an additional 6,344 shares during the period. Finally, Independent Advisor Alliance bought a new stake in shares of Schwab U.S. TIPS ETF during the fourth quarter valued at approximately $376,000.

Schwab U.S. TIPS ETF Stock Down 1.1 %

Shares of NYSEARCA:SCHP opened at $26.20 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $27.06. The stock’s 50 day moving average is $26.51 and its 200-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.