Upper Left Wealth Management LLC Boosts Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Upper Left Wealth Management LLC raised its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 105.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 100,442 shares of the company’s stock after purchasing an additional 51,616 shares during the quarter. Schwab U.S. TIPS ETF comprises approximately 2.2% of Upper Left Wealth Management LLC’s holdings, making the stock its 18th biggest holding. Upper Left Wealth Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,594,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in SCHP. Renaissance Technologies LLC acquired a new stake in Schwab U.S. TIPS ETF during the 2nd quarter worth approximately $943,000. NewEdge Advisors LLC raised its position in Schwab U.S. TIPS ETF by 47.5% in the second quarter. NewEdge Advisors LLC now owns 46,833 shares of the company’s stock valued at $2,436,000 after purchasing an additional 15,089 shares during the period. EP Wealth Advisors LLC purchased a new stake in shares of Schwab U.S. TIPS ETF in the second quarter worth about $203,000. Cetera Investment Advisers grew its stake in shares of Schwab U.S. TIPS ETF by 11.9% in the second quarter. Cetera Investment Advisers now owns 356,016 shares of the company’s stock valued at $18,516,000 after buying an additional 37,826 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Schwab U.S. TIPS ETF during the 2nd quarter valued at about $6,904,000.

Schwab U.S. TIPS ETF Price Performance

Schwab U.S. TIPS ETF stock opened at $26.13 on Friday. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96. The stock’s 50 day moving average price is $26.03 and its 200 day moving average price is $26.30.

Schwab U.S. TIPS ETF 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.