Tandemgrowth Financial Advisors LLC Buys 27,903 Shares of Schwab U.S. TIPS ETF $SCHP

Tandemgrowth Financial Advisors LLC lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.0% during the third quarter, Holdings Channel.com reports. The firm owned 732,994 shares of the company’s stock after acquiring an additional 27,903 shares during the period. Schwab U.S. TIPS ETF accounts for about 15.0% of Tandemgrowth Financial Advisors LLC’s portfolio, making the stock its 3rd biggest position. Tandemgrowth Financial Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $18,420,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. Ridgewood Investments LLC boosted its holdings in Schwab U.S. TIPS ETF by 145.4% in the third quarter. Ridgewood Investments LLC now owns 99,933 shares of the company’s stock worth $2,511,000 after acquiring an additional 59,216 shares in the last quarter. Capital Analysts LLC grew its stake in Schwab U.S. TIPS ETF by 11.3% in the second quarter. Capital Analysts LLC now owns 486,183 shares of the company’s stock valued at $12,884,000 after acquiring an additional 49,391 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 11.9% during the second quarter. Integrated Wealth Concepts LLC now owns 1,964,331 shares of the company’s stock valued at $52,055,000 after acquiring an additional 208,846 shares in the last quarter. Armstrong Advisory Group Inc. increased its holdings in shares of Schwab U.S. TIPS ETF by 2.9% during the third quarter. Armstrong Advisory Group Inc. now owns 3,629,675 shares of the company’s stock valued at $91,214,000 after acquiring an additional 102,157 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in shares of Schwab U.S. TIPS ETF by 5.0% during the second quarter. Envestnet Asset Management Inc. now owns 6,295,573 shares of the company’s stock valued at $166,833,000 after acquiring an additional 300,734 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.1%

Shares of NYSEARCA:SCHP opened at $25.34 on Thursday. Schwab U.S. TIPS ETF has a twelve month low of $25.01 and a twelve month high of $26.99. The stock’s 50 day moving average is $25.46 and its 200-day moving average is $26.25.

About Schwab U.S. TIPS ETF

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.