Bulwark Capital Corp Purchases 42,799 Shares of Schwab U.S. TIPS ETF $SCHP

Bulwark Capital Corp lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 20.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 249,151 shares of the company’s stock after buying an additional 42,799 shares during the quarter. Schwab U.S. TIPS ETF accounts for approximately 4.7% of Bulwark Capital Corp’s holdings, making the stock its 8th largest position. Bulwark Capital Corp’s holdings in Schwab U.S. TIPS ETF were worth $6,600,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of SCHP. Assetmark Inc. raised its holdings in Schwab U.S. TIPS ETF by 4.5% in the 3rd quarter. Assetmark Inc. now owns 2,045,996 shares of the company’s stock valued at $55,140,000 after acquiring an additional 88,125 shares during the last quarter. Abbington Investment Group acquired a new stake in shares of Schwab U.S. TIPS ETF during the third quarter worth $1,927,000. Armstrong Advisory Group Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 6,626.5% during the third quarter. Armstrong Advisory Group Inc. now owns 621,258 shares of the company’s stock worth $16,743,000 after purchasing an additional 612,022 shares during the last quarter. Altfest L J & Co. Inc. grew its position in shares of Schwab U.S. TIPS ETF by 2.5% in the third quarter. Altfest L J & Co. Inc. now owns 1,009,579 shares of the company’s stock valued at $27,208,000 after purchasing an additional 24,538 shares during the period. Finally, Cerity Partners LLC grew its position in shares of Schwab U.S. TIPS ETF by 2.3% in the second quarter. Cerity Partners LLC now owns 7,767,777 shares of the company’s stock valued at $207,244,000 after purchasing an additional 177,384 shares during the period.

Analyst Upgrades and Downgrades

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 0.3%

Shares of SCHP opened at $26.47 on Wednesday. Schwab U.S. TIPS ETF has a twelve month low of $25.83 and a twelve month high of $27.19. The stock’s fifty day simple moving average is $26.72 and its 200 day simple moving average is $26.79.

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.