Liberty Capital Management Inc. Acquires 5,156 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Liberty Capital Management Inc. raised its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 100.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,312 shares of the company’s stock after buying an additional 5,156 shares during the quarter. Liberty Capital Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $266,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in SCHP. Salem Investment Counselors Inc. boosted its holdings in 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 acquiring an additional 506 shares in the last quarter. Independence Bank of Kentucky boosted its stake in shares of Schwab U.S. TIPS ETF by 107.0% during the 4th quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock valued at $32,000 after purchasing an additional 642 shares in the last quarter. First Community Trust NA increased its position in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth 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. S.A. Mason LLC raised its stake in Schwab U.S. TIPS ETF by 100.0% in the fourth quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock worth $39,000 after buying an additional 760 shares in the last quarter. Finally, Decker Retirement Planning Inc. purchased a new stake in Schwab U.S. TIPS ETF in the fourth quarter worth about $45,000.

Schwab U.S. TIPS ETF Stock Down 0.3 %

Schwab U.S. TIPS ETF stock opened at $26.25 on Monday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96. The stock’s 50 day simple moving average is $26.02 and its two-hundred day simple moving average is $26.30.

Schwab U.S. TIPS ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Receive News & Ratings for Schwab U.S. TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.