Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Sees Large Volume Increase – Time to Buy?

Schwab U.S. TIPS ETF (NYSEARCA:SCHP) shares saw an uptick in trading volume on Monday . 14,487,883 shares were traded during trading, an increase of 232% from the previous session’s volume of 4,358,132 shares.The stock last traded at $26.56 and had previously closed at $26.54.

Schwab U.S. TIPS ETF Trading Up 0.1%

The company’s 50-day moving average is $26.72 and its 200-day moving average is $26.69.

Institutional Trading of Schwab U.S. TIPS ETF

Hedge funds have recently added to or reduced their stakes in the stock. Founders Financial Alliance LLC boosted its position in Schwab U.S. TIPS ETF by 392.8% in the third quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock valued at $26,000 after buying an additional 766 shares in the last quarter. Archer Investment Corp boosted its position in Schwab U.S. TIPS ETF by 212.2% in the first quarter. Archer Investment Corp now owns 971 shares of the company’s stock valued at $26,000 after buying an additional 660 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new stake in Schwab U.S. TIPS ETF in the fourth quarter valued at approximately $29,000. Olistico Wealth LLC acquired a new stake in Schwab U.S. TIPS ETF in the fourth quarter valued at approximately $30,000. Finally, Ameritas Investment Partners Inc. boosted its position in Schwab U.S. TIPS ETF by 83.9% in the third 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 in the last quarter.

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.