First Heartland Consultants Inc. Buys 35,336 Shares of Schwab U.S. TIPS ETF $SCHP

First Heartland Consultants Inc. grew its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 75.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,390 shares of the company’s stock after purchasing an additional 35,336 shares during the period. First Heartland Consultants Inc.’s holdings in Schwab U.S. TIPS ETF were worth $2,183,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Founders Financial Alliance LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 392.8% in the 3rd quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock worth $26,000 after buying an additional 766 shares in the last quarter. Financial Consulate Inc. bought a new stake in shares of Schwab U.S. TIPS ETF in the 3rd quarter worth about $29,000. Ameritas Investment Partners Inc. increased its position in shares of Schwab U.S. TIPS ETF by 83.9% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after purchasing an additional 547 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its holdings in Schwab U.S. TIPS ETF by 35.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock valued at $40,000 after purchasing an additional 383 shares during the last quarter. Finally, AlphaCore Capital LLC lifted its holdings in Schwab U.S. TIPS ETF by 375.9% during the 3rd quarter. AlphaCore Capital LLC now owns 1,561 shares of the company’s stock valued at $42,000 after purchasing an additional 1,233 shares during the last quarter.

Wall Street Analysts Forecast Growth

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

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA:SCHP opened at $26.56 on Tuesday. Schwab U.S. TIPS ETF has a 1-year low of $25.83 and a 1-year high of $27.19. The business has a 50-day moving average price of $26.72 and a two-hundred day moving average price of $26.79.

Schwab U.S. TIPS ETF 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.