Raleigh Capital Management Inc. Grows Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Raleigh Capital Management Inc. grew its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 118.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,976 shares of the company’s stock after acquiring an additional 2,160 shares during the quarter. Raleigh Capital Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $103,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Olistico Wealth LLC increased its stake in Schwab U.S. TIPS ETF by 55.3% in the fourth quarter. Olistico Wealth LLC now owns 3,026 shares of the company’s stock valued at $78,000 after acquiring an additional 1,078 shares during the last quarter. Janney Montgomery Scott LLC lifted its stake in Schwab U.S. TIPS ETF by 121.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 13,361 shares of the company’s stock worth $345,000 after purchasing an additional 7,339 shares during the last quarter. Bartlett & CO. Wealth Management LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 102.6% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 7,664 shares of the company’s stock worth $198,000 after purchasing an additional 3,882 shares in the last quarter. LifeGuide Financial Advisors LLC increased its position in shares of Schwab U.S. TIPS ETF by 110.6% during the 4th quarter. LifeGuide Financial Advisors LLC now owns 1,567,621 shares of the company’s stock valued at $40,492,000 after purchasing an additional 823,329 shares during the last quarter. Finally, Advisory Alpha LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 91.5% during the 4th quarter. Advisory Alpha LLC now owns 980,880 shares of the company’s stock valued at $25,336,000 after buying an additional 468,543 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA:SCHP opened at $25.96 on Friday. The business has a 50 day moving average of $26.04 and a 200 day moving average of $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.