Horizons Wealth Management Boosts Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Horizons Wealth Management increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 12,529 shares of the company’s stock after buying an additional 239 shares during the quarter. Horizons Wealth Management’s holdings in Schwab U.S. TIPS ETF were worth $657,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of Schwab U.S. TIPS ETF by 21.6% during the first quarter. JPMorgan Chase & Co. now owns 20,129,414 shares of the company’s stock worth $1,079,137,000 after acquiring an additional 3,579,526 shares during the last quarter. Empower Advisory Group LLC acquired a new stake in Schwab U.S. TIPS ETF during the 1st quarter worth $511,229,000. Personal Capital Advisors Corp grew its position in Schwab U.S. TIPS ETF by 8.1% during the 4th quarter. Personal Capital Advisors Corp now owns 8,421,623 shares of the company’s stock worth $436,156,000 after purchasing an additional 633,618 shares during the last quarter. Moneta Group Investment Advisors LLC increased its stake in Schwab U.S. TIPS ETF by 83,208.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 7,912,667 shares of the company’s stock valued at $409,797,000 after purchasing an additional 7,903,169 shares during the period. Finally, Summit Wealth Group LLC purchased a new stake in shares of Schwab U.S. TIPS ETF in the first quarter valued at about $102,000.

Schwab U.S. TIPS ETF Stock Up 0.0 %

Schwab U.S. TIPS ETF stock opened at $51.41 on Thursday. The stock has a 50 day moving average of $51.69 and a two-hundred day moving average of $52.48. Schwab U.S. TIPS ETF has a twelve month low of $50.92 and a twelve month high of $54.62.

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.