Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Acquired by Wealth Management Resources Inc.

Wealth Management Resources Inc. increased its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2.0% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 226,548 shares of the company’s stock after purchasing an additional 4,450 shares during the period. Schwab U.S. TIPS ETF accounts for about 5.1% of Wealth Management Resources Inc.’s investment portfolio, making the stock its 10th biggest holding. Wealth Management Resources Inc. owned about 0.11% of Schwab U.S. TIPS ETF worth $11,817,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Friedenthal Financial lifted its holdings in Schwab U.S. TIPS ETF by 0.8% in the fourth quarter. Friedenthal Financial now owns 25,747 shares of the company’s stock worth $1,344,000 after purchasing an additional 193 shares during the period. OMNI 360 Wealth Inc. lifted its stake in shares of Schwab U.S. TIPS ETF by 1.4% in the 1st quarter. OMNI 360 Wealth Inc. now owns 15,568 shares of the company’s stock worth $812,000 after acquiring an additional 219 shares during the period. Jackson Creek Investment Advisors LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 2.2% in the fourth quarter. Jackson Creek Investment Advisors LLC now owns 11,497 shares of the company’s stock valued at $600,000 after acquiring an additional 252 shares in the last quarter. Mayflower Financial Advisors LLC increased its stake in shares of Schwab U.S. TIPS ETF by 1.6% during the fourth quarter. Mayflower Financial Advisors LLC now owns 17,251 shares of the company’s stock valued at $901,000 after acquiring an additional 270 shares during the period. Finally, Security Financial Services INC. raised its holdings in Schwab U.S. TIPS ETF by 1.5% during the fourth quarter. Security Financial Services INC. now owns 20,258 shares of the company’s stock worth $1,057,000 after purchasing an additional 303 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP traded up $0.20 during trading on Thursday, reaching $51.88. The stock had a trading volume of 566,521 shares, compared to its average volume of 1,272,634. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $52.71. The stock has a 50 day moving average of $51.79 and a two-hundred day moving average of $51.83.

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.