Alpha Omega Wealth Management LLC Purchases 140,364 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Alpha Omega Wealth Management LLC lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 205.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 208,560 shares of the company’s stock after acquiring an additional 140,364 shares during the quarter. Schwab U.S. TIPS ETF makes up approximately 1.0% of Alpha Omega Wealth Management LLC’s holdings, making the stock its 25th largest holding. Alpha Omega Wealth Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $5,387,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Wilmington Savings Fund Society FSB acquired a new position in shares of Schwab U.S. TIPS ETF during the third quarter worth approximately $483,000. Brookstone Capital Management increased its stake in shares of Schwab U.S. TIPS ETF by 161.2% in the 4th quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock valued at $446,000 after buying an additional 10,651 shares during the period. Canandaigua National Bank & Trust Co. raised its position in shares of Schwab U.S. TIPS ETF by 105.0% during the fourth quarter. Canandaigua National Bank & Trust Co. now owns 12,252 shares of the company’s stock worth $316,000 after acquiring an additional 6,276 shares during the last quarter. Principal Financial Group Inc. lifted its stake in shares of Schwab U.S. TIPS ETF by 6.3% during the third quarter. Principal Financial Group Inc. now owns 173,650 shares of the company’s stock valued at $9,313,000 after acquiring an additional 10,327 shares during the period. Finally, Perfromance Wealth Partners LLC increased its position in Schwab U.S. TIPS ETF by 83.5% in the fourth quarter. Perfromance Wealth Partners LLC now owns 153,703 shares of the company’s stock worth $3,970,000 after purchasing an additional 69,954 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA:SCHP opened at $26.15 on Friday. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96. The business has a 50-day moving average price of $26.03 and a two-hundred day moving average price of $26.29.

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.