United Advisor Group LLC Makes New $380,000 Investment in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

United Advisor Group LLC acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 14,721 shares of the company’s stock, valued at approximately $380,000.

Several other hedge funds also recently modified their holdings of SCHP. JPMorgan Chase & Co. increased its stake in Schwab U.S. TIPS ETF by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock valued at $534,806,000 after purchasing an additional 1,458,886 shares in the last quarter. Janney Montgomery Scott LLC grew its stake in shares of Schwab U.S. TIPS ETF by 121.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 13,361 shares of the company’s stock valued at $345,000 after buying an additional 7,339 shares during the period. Brighton Jones LLC increased its position in Schwab U.S. TIPS ETF by 211.4% in the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after buying an additional 14,212 shares in the last quarter. Sound Income Strategies LLC increased its position in Schwab U.S. TIPS ETF by 612.1% in the 4th quarter. Sound Income Strategies LLC now owns 2,713 shares of the company’s stock valued at $70,000 after buying an additional 2,332 shares in the last quarter. Finally, Fifth Third Bancorp raised its stake in Schwab U.S. TIPS ETF by 83.3% during the 4th quarter. Fifth Third Bancorp now owns 205,998 shares of the company’s stock worth $5,321,000 after buying an additional 93,619 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.2%

Shares of NYSEARCA:SCHP opened at $26.35 on Monday. Schwab U.S. TIPS ETF has a 52-week low of $25.68 and a 52-week high of $27.06. The business’s 50 day simple moving average is $26.52 and its two-hundred day simple moving average is $26.30.

About Schwab U.S. TIPS ETF

(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.

See Also

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

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