Van Strum & Towne Inc. raised its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 91.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 116,343 shares of the company’s stock after buying an additional 55,525 shares during the period. Van Strum & Towne Inc.’s holdings in Schwab U.S. TIPS ETF were worth $3,135,000 at the end of the most recent reporting period.
A number of other large investors also recently modified their holdings of the business. Brighton Jones LLC boosted its position in Schwab U.S. TIPS ETF by 211.4% during the fourth quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after purchasing an additional 14,212 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Schwab U.S. TIPS ETF by 180.7% during the 1st quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock worth $2,049,000 after purchasing an additional 49,056 shares in the last quarter. Park Avenue Securities LLC acquired a new stake in shares of Schwab U.S. TIPS ETF in the 2nd quarter valued at approximately $221,000. Perigon Wealth Management LLC grew its stake in shares of Schwab U.S. TIPS ETF by 12.9% in the second quarter. Perigon Wealth Management LLC now owns 95,717 shares of the company’s stock valued at $2,554,000 after buying an additional 10,952 shares in the last quarter. Finally, MBE Wealth Management LLC grew its stake in shares of Schwab U.S. TIPS ETF by 2.4% in the second quarter. MBE Wealth Management LLC now owns 290,133 shares of the company’s stock valued at $7,741,000 after buying an additional 6,693 shares in the last quarter.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein raised shares of Schwab U.S. TIPS ETF to a “hold” rating in a research report on Friday, December 5th.
Schwab U.S. TIPS ETF Price Performance
Shares of Schwab U.S. TIPS ETF stock opened at $26.58 on Friday. The firm has a 50-day moving average of $26.64 and a 200-day moving average of $26.77. Schwab U.S. TIPS ETF has a 52-week low of $25.83 and a 52-week 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.
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