Lindbrook Capital LLC Increases Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Lindbrook Capital LLC lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 24,260.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,218 shares of the company’s stock after acquiring an additional 1,213 shares during the quarter. Lindbrook Capital LLC’s holdings in Schwab U.S. TIPS ETF were worth $31,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SCHP. Salem Investment Counselors Inc. raised its position in shares of Schwab U.S. TIPS ETF by 91.8% during the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after purchasing an additional 506 shares during the last quarter. Transcendent Capital Group LLC raised its position in shares of Schwab U.S. TIPS ETF by 112.1% during the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after purchasing an additional 554 shares during the last quarter. Independence Bank of Kentucky raised its position 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 worth $32,000 after purchasing an additional 642 shares during the last quarter. Pathway Financial Advisers LLC raised its position in shares of Schwab U.S. TIPS ETF by 101.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock worth $34,000 after purchasing an additional 655 shares during the last quarter. Finally, First Community Trust NA raised its position in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after purchasing an additional 700 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of Schwab U.S. TIPS ETF stock opened at $26.49 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 $26.15 and a 200 day moving average price of $26.32.

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.