Signal Advisors Wealth LLC Buys 209,865 Shares of Schwab U.S. TIPS ETF $SCHP

Signal Advisors Wealth LLC boosted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 424.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 259,256 shares of the company’s stock after buying an additional 209,865 shares during the quarter. Signal Advisors Wealth LLC’s holdings in Schwab U.S. TIPS ETF were worth $6,987,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of SCHP. CWC Advisors LLC. lifted its position in shares of Schwab U.S. TIPS ETF by 3.4% during the second quarter. CWC Advisors LLC. now owns 11,653 shares of the company’s stock valued at $311,000 after purchasing an additional 384 shares in the last quarter. Financial Freedom LLC increased its stake in Schwab U.S. TIPS ETF by 0.5% in the 2nd quarter. Financial Freedom LLC now owns 79,080 shares of the company’s stock valued at $2,110,000 after buying an additional 405 shares during the last quarter. Cape Investment Advisory Inc. lifted its position in shares of Schwab U.S. TIPS ETF by 28.8% during the 2nd quarter. Cape Investment Advisory Inc. now owns 1,944 shares of the company’s stock worth $52,000 after buying an additional 435 shares in the last quarter. Mengis Capital Management Inc. boosted its stake in shares of Schwab U.S. TIPS ETF by 2.8% in the 2nd quarter. Mengis Capital Management Inc. now owns 16,010 shares of the company’s stock worth $427,000 after buying an additional 442 shares during the last quarter. Finally, Clune & Associates LTD. grew its holdings in shares of Schwab U.S. TIPS ETF by 1.1% in the second quarter. Clune & Associates LTD. now owns 40,660 shares of the company’s stock valued at $1,085,000 after acquiring an additional 455 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock opened at $26.48 on Friday. The firm’s 50 day moving average is $26.86 and its 200 day moving average is $26.76. Schwab U.S. TIPS ETF has a 12 month low of $25.68 and a 12 month high of $27.19.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised Schwab U.S. TIPS ETF to a “hold” rating in a research report 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.