Trajan Wealth LLC Has $8.49 Million Stock Position in Schwab U.S. TIPS ETF $SCHP

Trajan Wealth LLC boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 13.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 314,931 shares of the company’s stock after purchasing an additional 36,597 shares during the quarter. Trajan Wealth LLC owned about 0.06% of Schwab U.S. TIPS ETF worth $8,487,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of SCHP. Clearstead Advisors LLC boosted its stake in Schwab U.S. TIPS ETF by 34,125.7% during the third quarter. Clearstead Advisors LLC now owns 101,308 shares of the company’s stock worth $2,730,000 after acquiring an additional 101,012 shares in the last quarter. Algorithmic Investment Models LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 8.2% during the third quarter. Algorithmic Investment Models LLC now owns 62,806 shares of the company’s stock valued at $1,693,000 after purchasing an additional 4,779 shares during the period. Geometric Wealth Advisors bought a new position in shares of Schwab U.S. TIPS ETF during the 3rd quarter worth about $242,000. Ameritas Investment Partners Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 83.9% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after buying an additional 547 shares during the period. Finally, Koshinski Asset Management Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 3.9% in the 3rd quarter. Koshinski Asset Management Inc. now owns 14,888 shares of the company’s stock valued at $401,000 after buying an additional 564 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock opened at $26.81 on Monday. Schwab U.S. TIPS ETF has a twelve month low of $25.83 and a twelve month high of $27.19. The stock’s 50 day moving average is $26.61 and its 200-day moving average is $26.79.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised Schwab U.S. TIPS ETF to a “hold” rating in a research note on Friday, December 5th.

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.