Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Holdings Boosted by Prairiewood Capital LLC

Prairiewood Capital LLC grew its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 131.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 350,847 shares of the company’s stock after buying an additional 199,019 shares during the period. Schwab U.S. TIPS ETF accounts for 3.9% of Prairiewood Capital LLC’s holdings, making the stock its 5th biggest holding. Prairiewood Capital LLC’s holdings in Schwab U.S. TIPS ETF were worth $9,062,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in SCHP. Wilmington Savings Fund Society FSB purchased a new position in Schwab U.S. TIPS ETF during the third quarter worth about $483,000. Brookstone Capital Management increased its position in Schwab U.S. TIPS ETF by 161.2% during the 4th quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock worth $446,000 after purchasing an additional 10,651 shares during the period. Full Sail Capital LLC raised its stake in shares of Schwab U.S. TIPS ETF by 6.3% during the 2nd quarter. Full Sail Capital LLC now owns 660,753 shares of the company’s stock worth $34,366,000 after buying an additional 38,984 shares in the last quarter. Canandaigua National Bank & Trust Co. lifted its holdings in shares of Schwab U.S. TIPS ETF by 105.0% in the 4th quarter. Canandaigua National Bank & Trust Co. now owns 12,252 shares of the company’s stock valued at $316,000 after buying an additional 6,276 shares during the period. Finally, Principal Financial Group Inc. boosted its stake in shares of Schwab U.S. TIPS ETF by 6.3% in the third quarter. Principal Financial Group Inc. now owns 173,650 shares of the company’s stock valued at $9,313,000 after buying an additional 10,327 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.1 %

Shares of SCHP stock opened at $25.95 on Tuesday. The business’s fifty day moving average price is $26.04 and its 200 day moving average price is $26.30. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96.

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.