Dynamic Advisor Solutions LLC Takes Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Dynamic Advisor Solutions LLC acquired a new stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 55,939 shares of the company’s stock, valued at approximately $1,504,000.

Other large investors have also modified their holdings of the company. Transcendent Capital Group LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 112.1% in the fourth quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock valued at $27,000 after acquiring an additional 554 shares during the period. Coppell Advisory Solutions LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 246.5% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,050 shares of the company’s stock worth $27,000 after purchasing an additional 747 shares during the period. Community Bank N.A. lifted its holdings in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock worth $27,000 after purchasing an additional 526 shares during the period. Blue Bell Private Wealth Management LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock worth $29,000 after purchasing an additional 564 shares during the period. Finally, NBC Securities Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 115,900.0% during the first quarter. NBC Securities Inc. now owns 1,160 shares of the company’s stock worth $31,000 after purchasing an additional 1,159 shares during the period.

Schwab U.S. TIPS ETF Stock Down 0.2%

Shares of NYSEARCA SCHP opened at $26.29 on Tuesday. The stock has a fifty day moving average price of $26.41 and a 200 day moving average price of $26.31. Schwab U.S. TIPS ETF has a 1-year low of $25.68 and a 1-year high of $27.06.

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.