Claro Advisors LLC Buys New Shares in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Claro Advisors LLC bought a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,251 shares of the company’s stock, valued at approximately $587,000.

Several other institutional investors and hedge funds also recently bought and sold shares of SCHP. Friedenthal Financial lifted its position in shares of Schwab U.S. TIPS ETF by 0.8% in the fourth quarter. Friedenthal Financial now owns 25,747 shares of the company’s stock valued at $1,344,000 after acquiring an additional 193 shares in the last quarter. Jackson Creek Investment Advisors LLC lifted its position in shares of Schwab U.S. TIPS ETF by 2.2% in the fourth quarter. Jackson Creek Investment Advisors LLC now owns 11,497 shares of the company’s stock valued at $600,000 after acquiring an additional 252 shares in the last quarter. Mayflower Financial Advisors LLC lifted its position in shares of Schwab U.S. TIPS ETF by 1.6% in the fourth quarter. Mayflower Financial Advisors LLC now owns 17,251 shares of the company’s stock valued at $901,000 after acquiring an additional 270 shares in the last quarter. Security Financial Services INC. lifted its position in shares of Schwab U.S. TIPS ETF by 1.5% in the fourth quarter. Security Financial Services INC. now owns 20,258 shares of the company’s stock valued at $1,057,000 after acquiring an additional 303 shares in the last quarter. Finally, Aviance Capital Partners LLC lifted its position in shares of Schwab U.S. TIPS ETF by 0.4% in the first quarter. Aviance Capital Partners LLC now owns 80,218 shares of the company’s stock valued at $4,184,000 after acquiring an additional 311 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of Schwab U.S. TIPS ETF stock traded down $0.43 during trading hours on Monday, hitting $51.58. The company’s stock had a trading volume of 917,800 shares, compared to its average volume of 1,282,452. The business has a 50 day moving average price of $51.76 and a two-hundred day moving average price of $51.84. Schwab U.S. TIPS ETF has a 12-month low of $49.50 and a 12-month high of $52.71.

Schwab U.S. TIPS ETF 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.