IRON Financial LLC Acquires 111,320 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

IRON Financial LLC lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 83.3% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 244,990 shares of the company’s stock after purchasing an additional 111,320 shares during the period. Schwab U.S. TIPS ETF makes up approximately 3.6% of IRON Financial LLC’s holdings, making the stock its 9th largest holding. IRON Financial LLC’s holdings in Schwab U.S. TIPS ETF were worth $6,328,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Salem Investment Counselors Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 91.8% in the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after purchasing an additional 506 shares during the period. First Community Trust NA grew its stake in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after buying an additional 700 shares during the period. Decker Retirement Planning Inc. purchased a new stake in shares of Schwab U.S. TIPS ETF in the 4th quarter valued at approximately $45,000. Pflug Koory LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 100.2% during the 4th quarter. Pflug Koory LLC now owns 1,858 shares of the company’s stock worth $48,000 after buying an additional 930 shares during the last quarter. Finally, Capital Performance Advisors LLP purchased a new stake in shares of Schwab U.S. TIPS ETF during the 3rd quarter valued at approximately $63,000.

Schwab U.S. TIPS ETF Trading Up 0.5 %

SCHP opened at $26.12 on Tuesday. The business’s 50 day moving average price is $26.03 and its 200 day moving average price is $26.30. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96.

About Schwab U.S. TIPS ETF

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.