LifeGuide Financial Advisors LLC Purchases 62,993 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

LifeGuide Financial Advisors LLC raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,630,614 shares of the company’s stock after acquiring an additional 62,993 shares during the quarter. Schwab U.S. TIPS ETF makes up about 17.9% of LifeGuide Financial Advisors LLC’s holdings, making the stock its 2nd largest holding. LifeGuide Financial Advisors LLC owned 0.34% of Schwab U.S. TIPS ETF worth $43,847,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Transcendent Capital Group LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 112.1% in the fourth quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock valued at $27,000 after purchasing an additional 554 shares during the period. Community Bank N.A. raised its position in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock valued at $27,000 after buying an additional 526 shares during the period. Coppell Advisory Solutions LLC raised its position in shares of Schwab U.S. TIPS ETF by 246.5% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,050 shares of the company’s stock valued at $27,000 after buying an additional 747 shares during the period. Blue Bell Private Wealth Management LLC grew its position in Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock worth $29,000 after acquiring an additional 564 shares during the period. Finally, Lindbrook Capital LLC increased its stake in Schwab U.S. TIPS ETF by 24,260.0% during the fourth quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock worth $31,000 after acquiring an additional 1,213 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA:SCHP opened at $26.35 on Friday. Schwab U.S. TIPS ETF has a 52 week low of $25.68 and a 52 week high of $27.06. The stock’s fifty day moving average is $26.47 and its two-hundred day moving average is $26.31.

Schwab U.S. TIPS ETF 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.