Bridge Advisory LLC Invests $971,000 in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Bridge Advisory LLC bought a new position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,611 shares of the company’s stock, valued at approximately $971,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Myecfo LLC increased its holdings in Schwab U.S. TIPS ETF by 5.3% during the fourth quarter. Myecfo LLC now owns 19,031 shares of the company’s stock valued at $993,000 after buying an additional 956 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in shares of Schwab U.S. TIPS ETF by 25.2% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 245,996 shares of the company’s stock worth $12,841,000 after purchasing an additional 49,458 shares in the last quarter. Security Financial Services INC. increased its stake in shares of Schwab U.S. TIPS ETF by 1.5% in the fourth quarter. Security Financial Services INC. now owns 20,258 shares of the company’s stock worth $1,057,000 after purchasing an additional 303 shares in the last quarter. Archvest Wealth Advisors Inc. purchased a new stake in shares of Schwab U.S. TIPS ETF in the fourth quarter worth $683,000. Finally, Prairiewood Capital LLC increased its stake in shares of Schwab U.S. TIPS ETF by 14.1% in the fourth quarter. Prairiewood Capital LLC now owns 121,473 shares of the company’s stock worth $6,341,000 after purchasing an additional 15,044 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA:SCHP traded up $0.04 during midday trading on Tuesday, reaching $51.99. 705,702 shares of the company were exchanged, compared to its average volume of 1,249,510. The business’s fifty day moving average is $51.83 and its two-hundred day moving average is $51.33. Schwab U.S. TIPS ETF has a one year low of $49.50 and a one year high of $54.10.

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.