Patriot Investment Management Group Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 1.4% in the second quarter, HoldingsChannel reports. The firm owned 21,680 shares of the company’s stock after acquiring an additional 289 shares during the period. Patriot Investment Management Group Inc.’s holdings in Schwab U.S. TIPS ETF were worth $1,128,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently made changes to their positions in SCHP. Transcendent Capital Group LLC acquired a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter worth approximately $26,000. Mather Group LLC. bought a new stake in Schwab U.S. TIPS ETF during the 1st quarter worth approximately $27,000. Pathway Financial Advisers LLC acquired a new stake in Schwab U.S. TIPS ETF during the 1st quarter worth approximately $33,000. Crewe Advisors LLC lifted its stake in Schwab U.S. TIPS ETF by 295.7% in the fourth quarter. Crewe Advisors LLC now owns 930 shares of the company’s stock valued at $49,000 after buying an additional 695 shares in the last quarter. Finally, Versant Capital Management Inc bought a new stake in shares of Schwab U.S. TIPS ETF during the first quarter worth $53,000.
Schwab U.S. TIPS ETF Price Performance
NYSEARCA SCHP traded up $0.14 on Monday, reaching $52.74. The company had a trading volume of 618,835 shares, compared to its average volume of 1,252,001. The company’s fifty day moving average is $52.18 and its 200-day moving average is $51.88. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $53.05.
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.
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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
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