First Heartland Consultants Inc. Increases Stock Position in Schwab U.S. TIPS ETF $SCHP

First Heartland Consultants Inc. raised its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 536.6% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 178,440 shares of the company’s stock after purchasing an additional 150,411 shares during the quarter. First Heartland Consultants Inc.’s holdings in Schwab U.S. TIPS ETF were worth $4,729,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also bought and sold shares of the company. BlueSky Wealth Advisors LLC grew its position in Schwab U.S. TIPS ETF by 8.1% in the fourth quarter. BlueSky Wealth Advisors LLC now owns 1,499,610 shares of the company’s stock worth $39,725,000 after acquiring an additional 112,608 shares in the last quarter. Farther Finance Advisors LLC raised its position in Schwab U.S. TIPS ETF by 606.7% during the fourth quarter. Farther Finance Advisors LLC now owns 190,389 shares of the company’s stock valued at $5,043,000 after purchasing an additional 163,447 shares in the last quarter. Decker Retirement Planning Inc. lifted its stake in Schwab U.S. TIPS ETF by 17.3% during the first quarter. Decker Retirement Planning Inc. now owns 143,728 shares of the company’s stock worth $3,825,000 after purchasing an additional 21,239 shares during the last quarter. Peak Financial Management Inc. lifted its stake in Schwab U.S. TIPS ETF by 5.9% during the first quarter. Peak Financial Management Inc. now owns 351,526 shares of the company’s stock worth $9,354,000 after purchasing an additional 19,702 shares during the last quarter. Finally, Riverpoint Wealth Management Holdings LLC lifted its stake in Schwab U.S. TIPS ETF by 19.0% during the fourth quarter. Riverpoint Wealth Management Holdings LLC now owns 241,406 shares of the company’s stock worth $6,395,000 after purchasing an additional 38,564 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.2%

SCHP opened at $25.96 on Friday. The stock has a 50-day moving average price of $26.30 and a 200-day moving average price of $26.58. Schwab U.S. TIPS ETF has a 12-month low of $25.87 and a 12-month high of $27.19.

Schwab U.S. TIPS ETF Company 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.