Horizon Bancorp Inc. IN Purchases Shares of 1,600 Schwab U.S. TIPS ETF $SCHP

Horizon Bancorp Inc. IN acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the second quarter, Holdings Channel reports. The fund acquired 1,600 shares of the company’s stock, valued at approximately $43,000.

Several other large investors also recently made changes to their positions in the company. NBC Securities Inc. raised its stake in Schwab U.S. TIPS ETF by 115,900.0% during the 1st quarter. NBC Securities Inc. now owns 1,160 shares of the company’s stock worth $31,000 after buying an additional 1,159 shares during the period. Mogy Joel R Investment Counsel Inc. acquired a new stake in Schwab U.S. TIPS ETF in the second quarter valued at approximately $32,000. Abound Wealth Management bought a new stake in shares of Schwab U.S. TIPS ETF during the first quarter valued at approximately $36,000. Center for Financial Planning Inc. acquired a new position in shares of Schwab U.S. TIPS ETF during the first quarter worth approximately $38,000. Finally, Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Schwab U.S. TIPS ETF during the first quarter worth approximately $41,000.

Schwab U.S. TIPS ETF Stock Down 0.1%

Shares of NYSEARCA:SCHP opened at $26.89 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $25.68 and a twelve month high of $27.19. The stock’s 50 day moving average is $26.87 and its 200-day moving average is $26.62.

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.