84,791 Shares in Schwab U.S. TIPS ETF $SCHP Bought by Curran Financial Partners LLC

Curran Financial Partners LLC acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 84,791 shares of the company’s stock, valued at approximately $2,285,000.

Several other hedge funds have also recently bought and sold shares of the company. Blue Trust Inc. boosted its position in shares of Schwab U.S. TIPS ETF by 54.6% during the 3rd quarter. Blue Trust Inc. now owns 3,105 shares of the company’s stock worth $84,000 after acquiring an additional 1,096 shares in the last quarter. VCI Wealth Management LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 5.7% during the 3rd quarter. VCI Wealth Management LLC now owns 321,960 shares of the company’s stock worth $8,677,000 after buying an additional 17,481 shares in the last quarter. TrueWealth Advisors LLC boosted its stake in Schwab U.S. TIPS ETF by 1.9% in the third quarter. TrueWealth Advisors LLC now owns 51,881 shares of the company’s stock valued at $1,398,000 after buying an additional 980 shares in the last quarter. Sagace Wealth Management LLC grew its position in Schwab U.S. TIPS ETF by 483.4% in the third quarter. Sagace Wealth Management LLC now owns 180,391 shares of the company’s stock valued at $4,862,000 after acquiring an additional 149,470 shares during the last quarter. Finally, Brookstone Capital Management boosted its stake in shares of Schwab U.S. TIPS ETF by 12.2% in the 3rd quarter. Brookstone Capital Management now owns 19,863 shares of the company’s stock valued at $535,000 after purchasing an additional 2,152 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock opened at $26.52 on Friday. The company’s fifty day simple moving average is $26.82 and its 200 day simple moving average is $26.76. Schwab U.S. TIPS ETF has a 12-month low of $25.68 and a 12-month high of $27.19.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised shares of Schwab U.S. TIPS ETF to a “hold” rating in a research note on Friday, December 5th.

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.