Schwab U.S. TIPS ETF $SCHP Shares Acquired by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 126.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 38,073 shares of the company’s stock after purchasing an additional 21,268 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Schwab U.S. TIPS ETF were worth $1,009,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Founders Financial Alliance LLC raised its stake in Schwab U.S. TIPS ETF by 392.8% in the third quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock valued at $26,000 after buying an additional 766 shares in the last quarter. Financial Consulate Inc. acquired a new position in shares of Schwab U.S. TIPS ETF during the 3rd quarter worth about $29,000. Olistico Wealth LLC acquired a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter worth about $30,000. Ameritas Investment Partners Inc. increased its holdings in shares of Schwab U.S. TIPS ETF by 83.9% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after acquiring an additional 547 shares during the last quarter. Finally, Glass Jacobson Investment Advisors llc increased its holdings in shares of Schwab U.S. TIPS ETF by 35.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock valued at $40,000 after acquiring an additional 383 shares during the last quarter.

Wall Street Analysts Forecast Growth

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

Schwab U.S. TIPS ETF Stock Down 0.1%

SCHP opened at $26.43 on Friday. Schwab U.S. TIPS ETF has a 52 week low of $25.83 and a 52 week high of $27.19. The business’s 50 day moving average is $26.71 and its two-hundred day moving average is $26.78.

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.