Van Strum & Towne Inc. Boosts Stake in Schwab U.S. TIPS ETF $SCHP

Van Strum & Towne Inc. raised its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 99.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 232,347 shares of the company’s stock after buying an additional 116,004 shares during the quarter. Schwab U.S. TIPS ETF comprises about 1.7% of Van Strum & Towne Inc.’s holdings, making the stock its 22nd largest position. Van Strum & Towne Inc.’s holdings in Schwab U.S. TIPS ETF were worth $6,155,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Founders Financial Alliance LLC lifted its stake in Schwab U.S. TIPS ETF by 392.8% during the third quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock worth $26,000 after purchasing an additional 766 shares during the last quarter. Olistico Wealth LLC bought a new stake in Schwab U.S. TIPS ETF during the fourth quarter worth about $30,000. Ameritas Investment Partners Inc. lifted its stake in Schwab U.S. TIPS ETF by 83.9% during the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after purchasing an additional 547 shares during the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in Schwab U.S. TIPS ETF by 35.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock worth $40,000 after purchasing an additional 383 shares during the last quarter. Finally, AlphaCore Capital LLC lifted its stake in Schwab U.S. TIPS ETF by 375.9% during the third quarter. AlphaCore Capital LLC now owns 1,561 shares of the company’s stock worth $42,000 after purchasing an additional 1,233 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.1%

Shares of SCHP stock opened at $26.78 on Friday. The business has a 50-day moving average price of $26.76 and a two-hundred day moving average price of $26.74. Schwab U.S. TIPS ETF has a 12-month low of $26.20 and a 12-month high of $27.19.

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.