Schwab U.S. TIPS ETF $SCHP Shares Purchased by Corrado Advisors LLC

Corrado Advisors LLC boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 0.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,224 shares of the company’s stock after acquiring an additional 578 shares during the quarter. Corrado Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,713,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in SCHP. Brighton Jones LLC raised its holdings in Schwab U.S. TIPS ETF by 211.4% in the fourth quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after acquiring an additional 14,212 shares in the last quarter. Koshinski Asset Management Inc. lifted its position in shares of Schwab U.S. TIPS ETF by 18.6% during the 1st quarter. Koshinski Asset Management Inc. now owns 22,884 shares of the company’s stock worth $615,000 after buying an additional 3,590 shares during the last quarter. Lodestar Private Asset Management LLC lifted its position in shares of Schwab U.S. TIPS ETF by 5.6% during the 1st quarter. Lodestar Private Asset Management LLC now owns 115,208 shares of the company’s stock worth $3,098,000 after buying an additional 6,059 shares during the last quarter. Rossby Financial LCC purchased a new stake in shares of Schwab U.S. TIPS ETF during the 1st quarter worth approximately $101,000. Finally, Sensible Financial Planning & Management LLC. lifted its position in shares of Schwab U.S. TIPS ETF by 2.4% during the 1st quarter. Sensible Financial Planning & Management LLC. now owns 3,004,986 shares of the company’s stock worth $80,804,000 after buying an additional 69,465 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA:SCHP opened at $27.11 on Wednesday. Schwab U.S. TIPS ETF has a twelve month low of $25.68 and a twelve month high of $27.19. The firm has a 50 day simple moving average of $26.96 and a 200-day simple moving average of $26.66.

About Schwab U.S. TIPS ETF

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.