Schwab U.S. TIPS ETF $SCHP Shares Newly Acquired by CENTRAL TRUST Co

CENTRAL TRUST Co bought a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 8,242,507 shares of the company’s stock, valued at approximately $207,134,000. Schwab U.S. TIPS ETF makes up 3.7% of CENTRAL TRUST Co’s portfolio, making the stock its 3rd biggest position. CENTRAL TRUST Co owned approximately 1.21% of Schwab U.S. TIPS ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Cassady Wealth & Retirement Planning LLC boosted its holdings 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 purchasing an additional 398 shares during the period. Surience Private Wealth LLC grew its position in Schwab U.S. TIPS ETF by 2.9% during the third quarter. Surience Private Wealth LLC now owns 14,680 shares of the company’s stock valued at $369,000 after purchasing an additional 419 shares in the last quarter. Christensen King & Associates Investment Services Inc. grew its position in Schwab U.S. TIPS ETF by 0.3% during the third quarter. Christensen King & Associates Investment Services Inc. now owns 151,362 shares of the company’s stock valued at $3,804,000 after purchasing an additional 427 shares in the last quarter. Essential Partners LLC grew its position in Schwab U.S. TIPS ETF by 1.8% during the first quarter. Essential Partners LLC now owns 30,977 shares of the company’s stock valued at $824,000 after purchasing an additional 560 shares in the last quarter. Finally, Carter Financial Group INC. increased its stake in Schwab U.S. TIPS ETF by 5.1% in the 3rd quarter. Carter Financial Group INC. now owns 11,673 shares of the company’s stock valued at $293,000 after buying an additional 571 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.1%

Schwab U.S. TIPS ETF stock opened at $25.34 on Thursday. The firm’s 50 day moving average price is $25.46 and its two-hundred day moving average price is $26.25. Schwab U.S. TIPS ETF has a twelve month low of $25.01 and a twelve month high of $26.99.

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.