Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Acquired by Walter & Keenan Wealth Management LLC IN ADV

Walter & Keenan Wealth Management LLC IN ADV increased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 140.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,649 shares of the company’s stock after purchasing an additional 16,152 shares during the quarter. Walter & Keenan Wealth Management LLC IN ADV’s holdings in Schwab U.S. TIPS ETF were worth $714,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brookstone Capital Management boosted its holdings in shares of Schwab U.S. TIPS ETF by 40.2% in the 3rd quarter. Brookstone Capital Management now owns 6,609 shares of the company’s stock valued at $354,000 after buying an additional 1,896 shares in the last quarter. CWM LLC boosted its stake in Schwab U.S. TIPS ETF by 13.9% in the third quarter. CWM LLC now owns 2,810 shares of the company’s stock valued at $151,000 after acquiring an additional 344 shares in the last quarter. Simplicity Wealth LLC boosted its stake in Schwab U.S. TIPS ETF by 6.7% in the third quarter. Simplicity Wealth LLC now owns 5,016 shares of the company’s stock valued at $269,000 after acquiring an additional 314 shares in the last quarter. Kings Path Partners LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 7.5% during the third quarter. Kings Path Partners LLC now owns 61,783 shares of the company’s stock worth $3,313,000 after purchasing an additional 4,294 shares during the last quarter. Finally, Concourse Financial Group Securities Inc. increased its position in shares of Schwab U.S. TIPS ETF by 132.3% during the third quarter. Concourse Financial Group Securities Inc. now owns 11,127 shares of the company’s stock worth $597,000 after purchasing an additional 6,338 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $26.25 on Monday. The business has a 50-day moving average price of $26.02 and a 200 day moving average price of $26.30. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96.

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.