Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Free Report) shares hit a new 52-week low on Wednesday . The company traded as low as $26.25 and last traded at $26.27, with a volume of 155664 shares trading hands. The stock had previously closed at $26.50.
Schwab U.S. TIPS ETF Stock Down 0.8%
The firm’s 50 day simple moving average is $26.66 and its 200-day simple moving average is $26.66.
Institutional Trading of Schwab U.S. TIPS ETF
Large investors have recently made changes to their positions in the company. Pine Haven Investment Counsel Inc increased its position in Schwab U.S. TIPS ETF by 0.9% during the fourth quarter. Pine Haven Investment Counsel Inc now owns 42,192 shares of the company’s stock worth $1,118,000 after buying an additional 390 shares during the period. Fortis Capital Management LLC grew its position in shares of Schwab U.S. TIPS ETF by 1.3% during the fourth quarter. Fortis Capital Management LLC now owns 30,765 shares of the company’s stock worth $815,000 after acquiring an additional 390 shares during the last quarter. Cassady Wealth & Retirement Planning LLC grew its position in shares of Schwab U.S. TIPS ETF by 2.2% during the first quarter. Cassady Wealth & Retirement Planning LLC now owns 18,461 shares of the company’s stock worth $496,000 after acquiring an additional 398 shares during the last quarter. Cape Investment Advisory Inc. grew its position in shares of Schwab U.S. TIPS ETF by 21.2% during the third quarter. Cape Investment Advisory Inc. now owns 2,356 shares of the company’s stock worth $63,000 after acquiring an additional 412 shares during the last quarter. Finally, Arta Finance Wealth Management LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 1.8% in the 1st quarter. Arta Finance Wealth Management LLC now owns 27,080 shares of the company’s stock valued at $720,000 after acquiring an additional 474 shares during the period.
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.
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