Prime Capital Investment Advisors LLC Raises Holdings in Schwab U.S. TIPS ETF $SCHP

Prime Capital Investment Advisors LLC raised its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,056,282 shares of the company’s stock after purchasing an additional 46,293 shares during the quarter. Prime Capital Investment Advisors LLC owned 0.38% of Schwab U.S. TIPS ETF worth $55,417,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. ORG Partners LLC raised its holdings in Schwab U.S. TIPS ETF by 2.0% in the 3rd quarter. ORG Partners LLC now owns 19,090 shares of the company’s stock valued at $515,000 after buying an additional 377 shares during the period. Glass Jacobson Investment Advisors llc increased its position in shares of Schwab U.S. TIPS ETF by 35.3% during the third quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock valued at $40,000 after acquiring an additional 383 shares during the last quarter. Financial Freedom LLC raised its stake in shares of 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 acquiring an additional 405 shares during the period. Sequoia Financial Advisors LLC raised its stake in shares of Schwab U.S. TIPS ETF by 4.6% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 9,541 shares of the company’s stock valued at $257,000 after acquiring an additional 423 shares during the period. Finally, Cape Investment Advisory Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 28.8% in the 2nd quarter. Cape Investment Advisory Inc. now owns 1,944 shares of the company’s stock worth $52,000 after acquiring an additional 435 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of Schwab U.S. TIPS ETF stock opened at $26.65 on Friday. The business has a 50-day simple moving average of $26.60 and a 200-day simple moving average of $26.78. Schwab U.S. TIPS ETF has a one year low of $25.83 and a one year high of $27.19.

Analyst Ratings Changes

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

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.