Vilga Financial Planning LLC Increases Stock Holdings in Schwab U.S. TIPS ETF $SCHP

Vilga Financial Planning LLC increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 190.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 225,316 shares of the company’s stock after purchasing an additional 147,808 shares during the period. Schwab U.S. TIPS ETF makes up about 5.4% of Vilga Financial Planning LLC’s portfolio, making the stock its 2nd biggest holding. Vilga Financial Planning LLC’s holdings in Schwab U.S. TIPS ETF were worth $5,996,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Archer Investment Corp increased its position in Schwab U.S. TIPS ETF by 212.2% during the 1st quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after buying an additional 660 shares during the period. Lloyd Advisory Services LLC. bought a new stake in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at about $29,000. Ameritas Investment Partners Inc. boosted its position in shares of Schwab U.S. TIPS ETF by 83.9% in the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after acquiring an additional 547 shares during the period. CIBC Private Wealth Group LLC grew its stake in shares of 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 valued at $35,000 after acquiring an additional 541 shares in the last quarter. Finally, LGT Financial Advisors LLC acquired a new position in shares of Schwab U.S. TIPS ETF in the third quarter valued at about $49,000.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA:SCHP opened at $26.09 on Monday. Schwab U.S. TIPS ETF has a 52 week low of $26.03 and a 52 week high of $27.19. The firm’s 50-day simple moving average is $26.39 and its 200 day simple moving average is $26.60.

Schwab U.S. TIPS ETF 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.