Marshall Financial Group Inc. ADV Has $21.93 Million Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Marshall Financial Group Inc. ADV grew its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 98.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 848,851 shares of the company’s stock after buying an additional 421,072 shares during the period. Schwab U.S. TIPS ETF makes up 6.7% of Marshall Financial Group Inc. ADV’s portfolio, making the stock its 4th largest position. Marshall Financial Group Inc. ADV’s holdings in Schwab U.S. TIPS ETF were worth $21,926,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB bought a new stake in shares of Schwab U.S. TIPS ETF in the third quarter worth about $483,000. Brookstone Capital Management raised its holdings in Schwab U.S. TIPS ETF by 161.2% during the 4th quarter. Brookstone Capital Management now owns 17,260 shares of the company’s stock worth $446,000 after buying an additional 10,651 shares during the period. Canandaigua National Bank & Trust Co. boosted its holdings in shares of Schwab U.S. TIPS ETF by 105.0% in the fourth quarter. Canandaigua National Bank & Trust Co. now owns 12,252 shares of the company’s stock valued at $316,000 after buying an additional 6,276 shares during the period. Principal Financial Group Inc. increased its position in shares of Schwab U.S. TIPS ETF by 6.3% during the third quarter. Principal Financial Group Inc. now owns 173,650 shares of the company’s stock worth $9,313,000 after acquiring an additional 10,327 shares in the last quarter. Finally, Perfromance Wealth Partners LLC increased its position in shares of Schwab U.S. TIPS ETF by 83.5% during the fourth quarter. Perfromance Wealth Partners LLC now owns 153,703 shares of the company’s stock worth $3,970,000 after acquiring an additional 69,954 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.6 %

Shares of NYSEARCA SCHP opened at $26.28 on Monday. The company has a fifty day moving average price of $26.03 and a 200 day moving average price of $26.29. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-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.