Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Stock Position Raised by Frontier Asset Management LLC

Frontier Asset Management LLC raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 101.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 91,624 shares of the company’s stock after purchasing an additional 46,236 shares during the period. Frontier Asset Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,367,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Covestor Ltd raised its stake in shares of Schwab U.S. TIPS ETF by 7.4% in the 3rd quarter. Covestor Ltd now owns 5,625 shares of the company’s stock valued at $302,000 after acquiring an additional 388 shares in the last quarter. Aptus Capital Advisors LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 8.9% during the 3rd quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock worth $256,000 after purchasing an additional 392 shares in the last quarter. Coastwise Capital Group LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 7.2% during the 3rd quarter. Coastwise Capital Group LLC now owns 6,037 shares of the company’s stock worth $324,000 after purchasing an additional 408 shares in the last quarter. Global Retirement Partners LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 2.0% during the 4th quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock worth $538,000 after purchasing an additional 409 shares in the last quarter. Finally, Bakala Capital LLC boosted its stake in Schwab U.S. TIPS ETF by 3.0% in the 3rd quarter. Bakala Capital LLC now owns 14,993 shares of the company’s stock valued at $804,000 after buying an additional 430 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.2 %

Shares of SCHP stock opened at $26.49 on Friday. The stock’s fifty day simple moving average is $26.15 and its 200 day simple moving average is $26.32. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96.

Schwab U.S. TIPS ETF Company 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.