Riverpoint Wealth Management Holdings LLC lifted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 9.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 329,478 shares of the company’s stock after acquiring an additional 28,202 shares during the quarter. Schwab U.S. TIPS ETF accounts for 1.5% of Riverpoint Wealth Management Holdings LLC’s portfolio, making the stock its 14th largest position. Riverpoint Wealth Management Holdings LLC’s holdings in Schwab U.S. TIPS ETF were worth $8,280,000 at the end of the most recent reporting period.
Other large investors have also recently made changes to their positions in the company. First Community Trust NA bought a new position in Schwab U.S. TIPS ETF during the 3rd quarter valued at about $25,000. Align Financial LLC bought a new stake in Schwab U.S. TIPS ETF in the third quarter worth about $27,000. TOP Private Wealth LLC. bought a new stake in Schwab U.S. TIPS ETF in the second quarter worth about $38,000. CX Institutional bought a new stake in Schwab U.S. TIPS ETF in the third quarter worth about $44,000. Finally, Cohalo Advisory LLC purchased a new position in shares of Schwab U.S. TIPS ETF during the third quarter valued at approximately $48,000.
Schwab U.S. TIPS ETF Stock Down 0.2%
Shares of NYSEARCA:SCHP traded down $0.05 during trading hours on Friday, hitting $25.18. 3,894,574 shares of the company’s stock traded hands, compared to its average volume of 5,127,618. Schwab U.S. TIPS ETF has a 1 year low of $25.01 and a 1 year high of $26.99. The business has a fifty day moving average price of $25.43 and a 200-day moving average price of $26.23.
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.
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