Pinkerton Wealth LLC Purchases 36,938 Shares of Schwab U.S. TIPS ETF $SCHP

Pinkerton Wealth LLC acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 36,938 shares of the company’s stock, valued at approximately $928,000.

A number of other large investors have also made changes to their positions in the stock. Archer Investment Corp raised its position in shares of Schwab U.S. TIPS ETF by 212.2% during the first quarter. Archer Investment Corp now owns 971 shares of the company’s stock valued at $26,000 after buying an additional 660 shares during the last quarter. First Community Trust NA acquired a new stake in Schwab U.S. TIPS ETF during the third quarter worth about $25,000. Align Financial LLC acquired a new stake in Schwab U.S. TIPS ETF during the third quarter worth about $27,000. TOP Private Wealth LLC. acquired a new stake in Schwab U.S. TIPS ETF during the second quarter worth about $38,000. Finally, CX Institutional bought a new position in Schwab U.S. TIPS ETF during the third quarter valued at about $44,000.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP opened at $25.74 on Monday. The stock’s 50-day moving average price is $25.53 and its 200 day moving average price is $26.29. Schwab U.S. TIPS ETF has a 12-month low of $25.01 and a 12-month high of $26.99.

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.