Schwab U.S. TIPS ETF $SCHP Stock Position Boosted by Prairiewood Capital LLC

Prairiewood Capital LLC boosted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 16.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 677,870 shares of the company’s stock after purchasing an additional 94,060 shares during the period. Schwab U.S. TIPS ETF comprises 4.2% of Prairiewood Capital LLC’s holdings, making the stock its 5th largest position. Prairiewood Capital LLC’s holdings in Schwab U.S. TIPS ETF were worth $17,035,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. First Community Trust NA acquired a new position in shares of Schwab U.S. TIPS ETF during the third quarter worth about $25,000. Archer Investment Corp raised its stake in shares of 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 purchasing an additional 660 shares in the last quarter. TOP Private Wealth LLC. acquired a new stake in Schwab U.S. TIPS ETF in the second quarter valued at $38,000. CX Institutional acquired a new position in Schwab U.S. TIPS ETF during the third quarter worth approximately $44,000. Finally, MidFirst Bank bought a new stake in Schwab U.S. TIPS ETF in the 4th quarter valued at $50,000.

Schwab U.S. TIPS ETF Trading Up 0.2%

SCHP stock traded up $0.06 during mid-day trading on Friday, hitting $25.45. 3,807,471 shares of the company were exchanged, compared to its average volume of 4,826,700. The business has a 50 day simple moving average of $25.60 and a 200-day simple moving average of $26.19. Schwab U.S. TIPS ETF has a 1-year low of $25.01 and a 1-year high of $27.15.

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.