Navalign LLC Increases Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Navalign LLC lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 368,750 shares of the company’s stock after purchasing an additional 3,497 shares during the period. Schwab U.S. TIPS ETF accounts for 6.7% of Navalign LLC’s holdings, making the stock its 3rd biggest position. Navalign LLC’s holdings in Schwab U.S. TIPS ETF were worth $19,249,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. BTS Asset Management Inc. raised its stake in shares of Schwab U.S. TIPS ETF by 1.6% in the first quarter. BTS Asset Management Inc. now owns 11,568 shares of the company’s stock worth $702,000 after purchasing an additional 178 shares during the last quarter. Jackson Hole Capital Partners LLC raised its position in Schwab U.S. TIPS ETF by 4.0% in the 2nd quarter. Jackson Hole Capital Partners LLC now owns 5,091 shares of the company’s stock valued at $267,000 after buying an additional 195 shares during the last quarter. Baltimore Washington Financial Advisors Inc. bought a new position in Schwab U.S. TIPS ETF during the 1st quarter valued at $567,000. Salem Investment Counselors Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 53.6% in the 4th quarter. Salem Investment Counselors Inc. now owns 639 shares of the company’s stock worth $33,000 after acquiring an additional 223 shares in the last quarter. Finally, Ameritas Investment Partners Inc. raised its holdings in shares of Schwab U.S. TIPS ETF by 6.5% in the first quarter. Ameritas Investment Partners Inc. now owns 3,941 shares of the company’s stock valued at $239,000 after purchasing an additional 240 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock remained flat at $52.16 during midday trading on Thursday. 918,292 shares of the company traded hands, compared to its average volume of 1,252,879. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $54.10. The stock’s 50-day simple moving average is $51.84 and its 200-day simple moving average is $51.34.

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.