Marshall Financial Group Inc. ADV Has $24.88 Million Stock Position in Schwab U.S. TIPS ETF $SCHP

Marshall Financial Group Inc. ADV lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 923,169 shares of the company’s stock after purchasing an additional 35,316 shares during the period. Schwab U.S. TIPS ETF comprises 6.8% of Marshall Financial Group Inc. ADV’s investment portfolio, making the stock its 5th largest holding. Marshall Financial Group Inc. ADV’s holdings in Schwab U.S. TIPS ETF were worth $24,879,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Consulate Inc. bought a new stake in Schwab U.S. TIPS ETF during the 3rd quarter worth approximately $29,000. Bessemer Group Inc. acquired a new position in shares of Schwab U.S. TIPS ETF during the second quarter worth $32,000. Hantz Financial Services Inc. acquired a new position in shares of Schwab U.S. TIPS ETF during the second quarter worth $35,000. Bogart Wealth LLC grew its stake in shares of Schwab U.S. TIPS ETF by 64.1% in the second quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock worth $38,000 after purchasing an additional 551 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc increased its holdings in Schwab U.S. TIPS ETF by 35.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock valued at $40,000 after purchasing an additional 383 shares during the period.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein raised Schwab U.S. TIPS ETF to a “hold” rating in a report on Friday, December 5th.

Schwab U.S. TIPS ETF Trading Down 0.3%

Schwab U.S. TIPS ETF stock opened at $26.57 on Tuesday. Schwab U.S. TIPS ETF has a 12-month low of $25.83 and a 12-month high of $27.19. The firm’s fifty day moving average is $26.62 and its 200 day moving average is $26.78.

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.