Tradewinds Capital Management LLC Takes Position in Schwab U.S. TIPS ETF $SCHP

Tradewinds Capital Management LLC purchased 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 Form 13F filing with the Securities and Exchange Commission. The fund purchased 394,763 shares of the company’s stock, valued at approximately $10,639,000. Schwab U.S. TIPS ETF makes up approximately 2.4% of Tradewinds Capital Management LLC’s portfolio, making the stock its 14th biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of the company. CWC Advisors LLC. raised its holdings in Schwab U.S. TIPS ETF by 3.4% during the second quarter. CWC Advisors LLC. now owns 11,653 shares of the company’s stock worth $311,000 after purchasing an additional 384 shares during the last quarter. Financial Freedom LLC grew its holdings in Schwab U.S. TIPS ETF by 0.5% in the second quarter. Financial Freedom LLC now owns 79,080 shares of the company’s stock valued at $2,110,000 after purchasing an additional 405 shares during the last quarter. Cape Investment Advisory Inc. increased its position in shares of Schwab U.S. TIPS ETF by 28.8% in the second quarter. Cape Investment Advisory Inc. now owns 1,944 shares of the company’s stock valued at $52,000 after buying an additional 435 shares in the last quarter. Mengis Capital Management Inc. increased its position in shares of Schwab U.S. TIPS ETF by 2.8% in the second quarter. Mengis Capital Management Inc. now owns 16,010 shares of the company’s stock valued at $427,000 after buying an additional 442 shares in the last quarter. Finally, Clune & Associates LTD. raised its stake in shares of Schwab U.S. TIPS ETF by 1.1% during the 2nd quarter. Clune & Associates LTD. now owns 40,660 shares of the company’s stock worth $1,085,000 after buying an additional 455 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.0%

Schwab U.S. TIPS ETF stock opened at $26.48 on Friday. The stock has a fifty day moving average price of $26.75 and a 200 day moving average price of $26.77. Schwab U.S. TIPS ETF has a 52 week low of $25.68 and a 52 week high of $27.19.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein upgraded shares of Schwab U.S. TIPS ETF to a “hold” rating in a research report on Friday, December 5th.

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.