Fiducient Advisors LLC Has $3.80 Million Stock Holdings in Schwab U.S. TIPS ETF $SCHP

Fiducient Advisors LLC boosted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 87.0% in the fourth quarter, Holdings Channel.com reports. The fund owned 143,557 shares of the company’s stock after buying an additional 66,790 shares during the quarter. Fiducient Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $3,803,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Schwab U.S. TIPS ETF by 5.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 166,935 shares of the company’s stock valued at $4,422,000 after buying an additional 8,091 shares during the period. Corrado Advisors LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 3.1% in the 4th quarter. Corrado Advisors LLC now owns 64,302 shares of the company’s stock valued at $1,703,000 after buying an additional 1,945 shares during the period. Godfrey Financial Associates Inc. acquired a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter valued at $76,000. IFG Advisory LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 9.5% in the 4th quarter. IFG Advisory LLC now owns 22,689 shares of the company’s stock valued at $601,000 after buying an additional 1,974 shares during the period. Finally, Kingsview Wealth Management LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 1.4% in the 4th quarter. Kingsview Wealth Management LLC now owns 64,977 shares of the company’s stock valued at $1,721,000 after buying an additional 880 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP stock opened at $26.82 on Friday. Schwab U.S. TIPS ETF has a 12-month low of $26.20 and a 12-month high of $27.19. The firm has a fifty day moving average of $26.72 and a 200-day moving average of $26.71.

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.