Accelerate Investment Advisors LLC Has $1.82 Million Stock Holdings in Schwab U.S. TIPS ETF $SCHP

Accelerate Investment Advisors LLC increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,203 shares of the company’s stock after purchasing an additional 2,649 shares during the quarter. Schwab U.S. TIPS ETF makes up about 1.4% of Accelerate Investment Advisors LLC’s portfolio, making the stock its 18th largest holding. Accelerate Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,820,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently modified their holdings of the company. Verde Capital Management lifted its position in shares of Schwab U.S. TIPS ETF by 8.0% during the 2nd quarter. Verde Capital Management now owns 163,330 shares of the company’s stock valued at $4,358,000 after acquiring an additional 12,038 shares during the period. Kings Path Partners LLC grew its position in Schwab U.S. TIPS ETF by 38.2% during the second quarter. Kings Path Partners LLC now owns 178,027 shares of the company’s stock valued at $4,750,000 after buying an additional 49,217 shares during the period. OMNI 360 Wealth Inc. grew its position in Schwab U.S. TIPS ETF by 3.3% during the second quarter. OMNI 360 Wealth Inc. now owns 29,788 shares of the company’s stock valued at $795,000 after buying an additional 956 shares during the period. Aletheian Wealth Advisors LLC grew its position in Schwab U.S. TIPS ETF by 11.8% during the second quarter. Aletheian Wealth Advisors LLC now owns 78,473 shares of the company’s stock valued at $2,094,000 after buying an additional 8,292 shares during the period. Finally, Marotta Asset Management boosted its position in Schwab U.S. TIPS ETF by 88.9% during the second quarter. Marotta Asset Management now owns 463,154 shares of the company’s stock worth $12,357,000 after purchasing an additional 217,987 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.1%

Shares of NYSEARCA:SCHP opened at $27.05 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $25.68 and a twelve month high of $27.11. The company has a 50-day moving average price of $26.72 and a two-hundred day moving average price of $26.58.

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.