Stratos Wealth Partners LTD. Grows Stock Holdings in Schwab U.S. TIPS ETF $SCHP

Stratos Wealth Partners LTD. lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 13.2% during the third quarter, HoldingsChannel.com reports. The firm owned 170,685 shares of the company’s stock after purchasing an additional 19,847 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Schwab U.S. TIPS ETF were worth $4,600,000 as of its most recent filing with the SEC.

Several other large investors have also added to or reduced their stakes in SCHP. Financial Consulate Inc. purchased a new position in Schwab U.S. TIPS ETF during the third quarter valued at approximately $29,000. Bessemer Group Inc. bought a new stake in shares of Schwab U.S. TIPS ETF during the 2nd quarter valued at about $32,000. Hantz Financial Services Inc. purchased a new position in shares of Schwab U.S. TIPS ETF during the second quarter worth about $35,000. Bogart Wealth LLC increased its position in shares of Schwab U.S. TIPS ETF by 64.1% in the second quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock worth $38,000 after purchasing an additional 551 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc raised its stake in Schwab U.S. TIPS ETF by 35.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock valued at $40,000 after purchasing an additional 383 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.4%

Shares of Schwab U.S. TIPS ETF stock opened at $26.82 on Friday. Schwab U.S. TIPS ETF has a one year low of $25.83 and a one year high of $27.19. The business’s 50 day simple moving average is $26.59 and its two-hundred day simple moving average is $26.78.

Wall Street Analyst Weigh In

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

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.