125,180 Shares in Schwab U.S. TIPS ETF $SCHP Acquired by Baker Ellis Asset Management LLC

Baker Ellis Asset Management LLC bought a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 125,180 shares of the company’s stock, valued at approximately $3,146,000.

A number of other institutional investors also recently modified their holdings of SCHP. Archer Investment Corp boosted its holdings in Schwab U.S. TIPS ETF by 212.2% in the first quarter. Archer Investment Corp now owns 971 shares of the company’s stock valued at $26,000 after acquiring an additional 660 shares during the last quarter. First Community Trust NA acquired a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at $25,000. TOP Private Wealth LLC. bought a new position in Schwab U.S. TIPS ETF during the second quarter worth about $38,000. CX Institutional bought a new position in Schwab U.S. TIPS ETF during the third quarter worth about $44,000. Finally, MidFirst Bank bought a new stake in shares of Schwab U.S. TIPS ETF in the fourth quarter worth about $50,000.

Schwab U.S. TIPS ETF Price Performance

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

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.