Schwab U.S. TIPS ETF $SCHP Stock Acquired by RCS Financial Planning LLC

RCS Financial Planning LLC lifted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1,605.1% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 129,607 shares of the company’s stock after buying an additional 122,006 shares during the period. Schwab U.S. TIPS ETF makes up approximately 1.8% of RCS Financial Planning LLC’s holdings, making the stock its 17th largest position. RCS Financial Planning LLC’s holdings in Schwab U.S. TIPS ETF were worth $3,257,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SCHP. Lincoln National Corp raised its stake in Schwab U.S. TIPS ETF by 180.0% during the 1st quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock valued at $237,038,000 after acquiring an additional 5,726,082 shares during the last quarter. Baldwin Wealth Partners LLC MA acquired a new stake in Schwab U.S. TIPS ETF during the 3rd quarter worth approximately $39,649,000. Pictet Asset Management Holding SA lifted its position in Schwab U.S. TIPS ETF by 1,764.9% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,267,000 shares of the company’s stock worth $33,715,000 after acquiring an additional 1,199,060 shares during the period. Avior Wealth Management LLC purchased a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at approximately $27,214,000. Finally, Assetmark Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 39.1% in the 1st quarter. Assetmark Inc. now owns 2,687,120 shares of the company’s stock valued at $71,504,000 after purchasing an additional 755,117 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.3%

Shares of SCHP stock traded up $0.07 during midday trading on Wednesday, hitting $25.27. The company had a trading volume of 7,100,631 shares, compared to its average volume of 4,829,873. The company’s 50 day simple moving average is $25.64 and its 200 day simple moving average is $26.21. Schwab U.S. TIPS ETF has a 52-week low of $25.01 and a 52-week high of $27.15.

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.