Jmac Enterprises LLC Buys 4,043 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Jmac Enterprises LLC boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,088 shares of the company’s stock after buying an additional 4,043 shares during the period. Jmac Enterprises LLC’s holdings in Schwab U.S. TIPS ETF were worth $209,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in SCHP. Salem Investment Counselors Inc. lifted its stake 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 worth $27,000 after buying an additional 506 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in Schwab U.S. TIPS ETF in the 3rd quarter worth approximately $63,000. Independence Bank of Kentucky raised its holdings in Schwab U.S. TIPS ETF by 107.0% in the 4th quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock worth $32,000 after acquiring an additional 642 shares during the last quarter. First Community Trust NA lifted its position in 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 acquiring an additional 700 shares in the last quarter. Finally, S.A. Mason LLC boosted its stake in Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock valued at $39,000 after purchasing an additional 760 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock opened at $26.11 on Thursday. 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 fifty day moving average price of $26.02 and a 200-day moving average price of $26.30.

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.