Wilmington Savings Fund Society FSB Takes Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Wilmington Savings Fund Society FSB purchased a new position in Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) in the third quarter, Holdings Channel reports. The fund purchased 9,000 shares of the company’s stock, valued at approximately $483,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. Strategic Financial Concepts LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 5,365.7% during the second quarter. Strategic Financial Concepts LLC now owns 417,250 shares of the company’s stock valued at $21,701,000 after purchasing an additional 409,616 shares during the last quarter. Koss Olinger Consulting LLC bought a new stake in Schwab U.S. TIPS ETF in the 2nd quarter valued at about $1,896,000. HCR Wealth Advisors boosted its stake in Schwab U.S. TIPS ETF by 1.9% during the 2nd quarter. HCR Wealth Advisors now owns 118,640 shares of the company’s stock valued at $6,170,000 after purchasing an additional 2,187 shares during the period. Frontier Asset Management LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 1.9% during the second quarter. Frontier Asset Management LLC now owns 45,860 shares of the company’s stock valued at $2,385,000 after buying an additional 840 shares during the last quarter. Finally, Pinkerton Retirement Specialists LLC boosted its position in shares of Schwab U.S. TIPS ETF by 3.9% during the second quarter. Pinkerton Retirement Specialists LLC now owns 12,259 shares of the company’s stock worth $638,000 after buying an additional 461 shares during the period.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA:SCHP opened at $25.77 on Monday. 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 fifty day moving average of $26.14 and a 200-day moving average of $26.31.

Schwab U.S. TIPS ETF Company Profile

(Free Report)

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.

Featured Stories

Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report).

Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Receive News & Ratings for Schwab U.S. TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.