Jmac Enterprises LLC Raises Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Jmac Enterprises LLC grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 8,088 shares of the company’s stock after buying an additional 4,043 shares during the period. Jmac Enterprises LLC’s holdings in Schwab U.S. TIPS ETF were worth $209,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. CWM LLC increased its stake in Schwab U.S. TIPS ETF by 13.9% in the 3rd quarter. CWM LLC now owns 2,810 shares of the company’s stock worth $151,000 after buying an additional 344 shares in the last quarter. Covestor Ltd boosted its stake in shares of Schwab U.S. TIPS ETF by 7.4% in the third quarter. Covestor Ltd now owns 5,625 shares of the company’s stock worth $302,000 after acquiring an additional 388 shares during the period. Aptus Capital Advisors LLC grew its position in shares of Schwab U.S. TIPS ETF by 8.9% during the third quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock worth $256,000 after purchasing an additional 392 shares in the last quarter. Coastwise Capital Group LLC raised its stake in Schwab U.S. TIPS ETF by 7.2% during the 3rd quarter. Coastwise Capital Group LLC now owns 6,037 shares of the company’s stock valued at $324,000 after purchasing an additional 408 shares during the period. Finally, Bakala Capital LLC raised its stake in Schwab U.S. TIPS ETF by 3.0% during the 3rd quarter. Bakala Capital LLC now owns 14,993 shares of the company’s stock valued at $804,000 after purchasing an additional 430 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock opened at $26.11 on Thursday. 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 simple moving average of $26.02 and a two-hundred day simple 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.