Schwab U.S. TIPS ETF (NYSEARCA:SCHP) is Financial Architects LLC’s Largest Position

Financial Architects LLC boosted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 108.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,209,926 shares of the company’s stock after acquiring an additional 630,773 shares during the quarter. Schwab U.S. TIPS ETF accounts for 20.0% of Financial Architects LLC’s portfolio, making the stock its biggest holding. Financial Architects LLC owned 0.57% of Schwab U.S. TIPS ETF worth $31,252,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Park Avenue Securities LLC bought a new stake in Schwab U.S. TIPS ETF during the third quarter valued at about $476,000. Brookstone Capital Management boosted its stake in shares of Schwab U.S. TIPS ETF by 40.2% in the third quarter. Brookstone Capital Management now owns 6,609 shares of the company’s stock worth $354,000 after acquiring an additional 1,896 shares during the period. Hoxton Planning & Management LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 3.1% in the third quarter. Hoxton Planning & Management LLC now owns 84,848 shares of the company’s stock worth $4,550,000 after acquiring an additional 2,523 shares during the period. First National Corp MA ADV boosted its stake in shares of Schwab U.S. TIPS ETF by 10.8% in the third quarter. First National Corp MA ADV now owns 33,714 shares of the company’s stock worth $1,808,000 after acquiring an additional 3,295 shares during the period. Finally, Brightwater Advisory LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 9.0% in the third quarter. Brightwater Advisory LLC now owns 167,503 shares of the company’s stock worth $8,983,000 after acquiring an additional 13,866 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.5 %

NYSEARCA SCHP opened at $26.36 on Thursday. The business has a 50-day moving average price of $26.02 and a 200-day moving average price of $26.30. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month 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.