Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC boosted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 121.9% in the 4th quarter, Holdings Channel reports. The firm owned 13,361 shares of the company’s stock after purchasing an additional 7,339 shares during the period. Janney Montgomery Scott LLC’s holdings in Schwab U.S. TIPS ETF were worth $345,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Simplicity Wealth LLC grew its holdings in Schwab U.S. TIPS ETF by 6.7% during the 3rd quarter. Simplicity Wealth LLC now owns 5,016 shares of the company’s stock worth $269,000 after acquiring an additional 314 shares in the last quarter. CWM LLC lifted its position in shares of Schwab U.S. TIPS ETF by 13.9% during the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock worth $151,000 after purchasing an additional 344 shares during the last quarter. Covestor Ltd grew its stake in shares of Schwab U.S. TIPS ETF by 7.4% during the third quarter. Covestor Ltd now owns 5,625 shares of the company’s stock worth $302,000 after purchasing an additional 388 shares in the last quarter. Aptus Capital Advisors LLC increased its holdings in Schwab U.S. TIPS ETF by 8.9% in the third quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock valued at $256,000 after buying an additional 392 shares during the last quarter. Finally, Coastwise Capital Group LLC raised its stake in Schwab U.S. TIPS ETF by 7.2% in the third quarter. Coastwise Capital Group LLC now owns 6,037 shares of the company’s stock valued at $324,000 after buying an additional 408 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.0 %

Shares of NYSEARCA SCHP opened at $26.26 on Tuesday. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96. The business has a 50-day moving average of $26.02 and a two-hundred day moving average of $26.30.

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.