Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Sees Strong Trading Volume – Should You Buy?

Schwab U.S. TIPS ETF (NYSEARCA:SCHP) shares saw unusually-strong trading volume on Wednesday . 14,912,707 shares were traded during trading, an increase of 239% from the previous session’s volume of 4,395,659 shares.The stock last traded at $26.48 and had previously closed at $26.38.

Schwab U.S. TIPS ETF Stock Up 0.2%

The stock has a 50 day simple moving average of $26.67 and a two-hundred day simple moving average of $26.67.

Institutional Investors Weigh In On Schwab U.S. TIPS ETF

Institutional investors have recently added to or reduced their stakes in the business. Vilga Financial Planning LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 190.7% in the 1st quarter. Vilga Financial Planning LLC now owns 225,316 shares of the company’s stock valued at $5,996,000 after buying an additional 147,808 shares in the last quarter. NewEdge Advisors LLC raised its stake in Schwab U.S. TIPS ETF by 5.7% during the 1st quarter. NewEdge Advisors LLC now owns 77,359 shares of the company’s stock worth $2,059,000 after acquiring an additional 4,150 shares in the last quarter. Maripau Wealth Management LLC lifted its position in Schwab U.S. TIPS ETF by 1.6% in the first quarter. Maripau Wealth Management LLC now owns 76,674 shares of the company’s stock valued at $2,040,000 after acquiring an additional 1,180 shares during the last quarter. Allen Capital Group LLC lifted its position in Schwab U.S. TIPS ETF by 8.7% in the first quarter. Allen Capital Group LLC now owns 633,703 shares of the company’s stock valued at $16,863,000 after acquiring an additional 50,834 shares during the last quarter. Finally, Essential Partners LLC boosted its stake in Schwab U.S. TIPS ETF by 1.8% in the first quarter. Essential Partners LLC now owns 30,977 shares of the company’s stock valued at $824,000 after acquiring an additional 560 shares in the last quarter.

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.