Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Purchased by Rebalance LLC

Rebalance LLC boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 87.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 182,447 shares of the company’s stock after buying an additional 84,947 shares during the period. Schwab U.S. TIPS ETF makes up 0.4% of Rebalance LLC’s portfolio, making the stock its 27th biggest holding. Rebalance LLC’s holdings in Schwab U.S. TIPS ETF were worth $4,713,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in SCHP. Salem Investment Counselors Inc. grew its stake 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 valued at $27,000 after buying an additional 506 shares during the period. Transcendent Capital Group LLC grew its position in Schwab U.S. TIPS ETF by 112.1% during the fourth quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock valued at $27,000 after acquiring an additional 554 shares during the period. Blue Bell Private Wealth Management LLC grew its position in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock valued at $29,000 after acquiring an additional 564 shares during the period. Lindbrook Capital LLC increased its stake in Schwab U.S. TIPS ETF by 24,260.0% during the fourth quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock worth $31,000 after acquiring an additional 1,213 shares during the last quarter. Finally, Independence Bank of Kentucky raised its holdings in shares of 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 purchasing an additional 642 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.2 %

Shares of NYSEARCA:SCHP opened at $26.49 on Monday. The stock has a 50-day simple moving average of $26.15 and a 200-day simple moving average of $26.32. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96.

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.