Sigma Planning Corp Boosts Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Sigma Planning Corp grew its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 87.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,682 shares of the company’s stock after buying an additional 15,752 shares during the quarter. Sigma Planning Corp’s holdings in Schwab U.S. TIPS ETF were worth $870,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Covestor Ltd lifted its holdings in Schwab U.S. TIPS ETF by 7.4% during the 3rd quarter. Covestor Ltd now owns 5,625 shares of the company’s stock worth $302,000 after buying an additional 388 shares during the last quarter. Aptus Capital Advisors LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 8.9% in the 3rd quarter. Aptus Capital Advisors LLC now owns 4,782 shares of the company’s stock valued at $256,000 after acquiring an additional 392 shares during the last quarter. Coastwise Capital Group LLC raised its position in shares of Schwab U.S. TIPS ETF by 7.2% during the 3rd quarter. Coastwise Capital Group LLC now owns 6,037 shares of the company’s stock valued at $324,000 after acquiring an additional 408 shares in the last quarter. Global Retirement Partners LLC lifted its stake in Schwab U.S. TIPS ETF by 2.0% during the fourth quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock worth $538,000 after purchasing an additional 409 shares during the last quarter. Finally, Bakala Capital LLC boosted its holdings in Schwab U.S. TIPS ETF by 3.0% in the third quarter. Bakala Capital LLC now owns 14,993 shares of the company’s stock worth $804,000 after purchasing an additional 430 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA:SCHP opened at $26.54 on Wednesday. The company’s fifty day moving average is $26.01 and its two-hundred day moving average is $26.30. 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.