525,420 Schwab U.S. TIPS ETF $SCHP Shares Acquired by Wealth Forward LLC

Wealth Forward LLC boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2,025.8% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 551,356 shares of the company’s stock after buying an additional 525,420 shares during the quarter. Schwab U.S. TIPS ETF comprises approximately 6.1% of Wealth Forward LLC’s investment portfolio, making the stock its 3rd biggest holding. Wealth Forward LLC’s holdings in Schwab U.S. TIPS ETF were worth $13,856,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Focus Financial Network Inc. grew its holdings in Schwab U.S. TIPS ETF by 5.1% in the 3rd quarter. Focus Financial Network Inc. now owns 387,357 shares of the company’s stock valued at $9,734,000 after buying an additional 18,930 shares during the period. Salem Investment Counselors Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 675.9% during the 3rd quarter. Salem Investment Counselors Inc. now owns 9,419 shares of the company’s stock worth $237,000 after acquiring an additional 8,205 shares during the period. Signal Advisors Wealth LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 5.0% during the 3rd quarter. Signal Advisors Wealth LLC now owns 426,553 shares of the company’s stock worth $10,719,000 after acquiring an additional 20,331 shares during the period. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF in the third quarter worth approximately $853,000. Finally, Krilogy Financial LLC boosted its position in shares of Schwab U.S. TIPS ETF by 45.1% in the third quarter. Krilogy Financial LLC now owns 31,116 shares of the company’s stock worth $784,000 after acquiring an additional 9,676 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

Schwab U.S. TIPS ETF stock traded up $0.04 during trading on Wednesday, reaching $25.23. The company had a trading volume of 4,393,141 shares, compared to its average volume of 4,815,075. Schwab U.S. TIPS ETF has a 12-month low of $25.01 and a 12-month high of $27.15. The stock’s 50 day moving average price is $25.64 and its two-hundred day moving average price is $26.21.

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.