6,103 Shares in Schwab U.S. TIPS ETF $SCHP Bought by WPG Advisers LLC

WPG Advisers LLC bought a new stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the first quarter, Holdings Channel reports. The fund bought 6,103 shares of the company’s stock, valued at approximately $164,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHP. SeaCrest Wealth Management LLC lifted its holdings in Schwab U.S. TIPS ETF by 0.7% in the 1st quarter. SeaCrest Wealth Management LLC now owns 58,369 shares of the company’s stock worth $1,570,000 after buying an additional 423 shares in the last quarter. Mutual Advisors LLC grew its stake in shares of Schwab U.S. TIPS ETF by 0.7% during the first quarter. Mutual Advisors LLC now owns 61,454 shares of the company’s stock valued at $1,637,000 after acquiring an additional 428 shares in the last quarter. Csenge Advisory Group increased its position in shares of Schwab U.S. TIPS ETF by 0.6% during the first quarter. Csenge Advisory Group now owns 72,801 shares of the company’s stock worth $1,924,000 after acquiring an additional 470 shares during the last quarter. Jackson Creek Investment Advisors LLC increased its position in shares of Schwab U.S. TIPS ETF by 1.8% during the first quarter. Jackson Creek Investment Advisors LLC now owns 26,862 shares of the company’s stock worth $722,000 after acquiring an additional 476 shares during the last quarter. Finally, GPS Wealth Strategies Group LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 13.0% in the first quarter. GPS Wealth Strategies Group LLC now owns 4,337 shares of the company’s stock worth $117,000 after acquiring an additional 498 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $26.95 on Friday. Schwab U.S. TIPS ETF has a one year low of $25.68 and a one year high of $27.06. The stock has a 50-day moving average price of $26.64 and a 200 day moving average price of $26.53.

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.