Nalls Sherbakoff Group LLC Acquires New Holdings in Schwab U.S. TIPS ETF $SCHP

Nalls Sherbakoff Group LLC acquired a new position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 34,174 shares of the company’s stock, valued at approximately $905,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Pine Haven Investment Counsel Inc increased its stake in Schwab U.S. TIPS ETF by 0.9% during the 4th quarter. Pine Haven Investment Counsel Inc now owns 42,192 shares of the company’s stock valued at $1,118,000 after buying an additional 390 shares during the period. Fortis Capital Management LLC increased its stake in shares of Schwab U.S. TIPS ETF by 1.3% during the fourth quarter. Fortis Capital Management LLC now owns 30,765 shares of the company’s stock valued at $815,000 after acquiring an additional 390 shares during the period. Cape Investment Advisory Inc. raised its holdings in Schwab U.S. TIPS ETF by 21.2% during the third quarter. Cape Investment Advisory Inc. now owns 2,356 shares of the company’s stock worth $63,000 after purchasing an additional 412 shares in the last quarter. Vista Capital Partners Inc. raised its holdings in Schwab U.S. TIPS ETF by 2.8% during the fourth quarter. Vista Capital Partners Inc. now owns 19,104 shares of the company’s stock worth $506,000 after purchasing an additional 523 shares in the last quarter. Finally, CIBC Private Wealth Group LLC lifted its position in Schwab U.S. TIPS ETF by 69.8% in the fourth quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock worth $35,000 after purchasing an additional 541 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $26.49 on Friday. The stock has a fifty day moving average price of $26.70 and a two-hundred day moving average price of $26.68. Schwab U.S. TIPS ETF has a 1 year low of $26.40 and a 1 year high of $27.19.

About Schwab U.S. TIPS ETF

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.