Noble Wealth Partners LLC Purchases Shares of 139,899 Schwab U.S. TIPS ETF $SCHP

Noble Wealth Partners LLC acquired a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 139,899 shares of the company’s stock, valued at approximately $3,707,000. Schwab U.S. TIPS ETF accounts for approximately 3.2% of Noble Wealth Partners LLC’s holdings, making the stock its 8th largest holding.

Several other institutional investors also recently made changes to their positions in the stock. Archer Investment Corp raised its position in shares of Schwab U.S. TIPS ETF by 212.2% in the 1st quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after buying an additional 660 shares during the period. Lloyd Advisory Services LLC. purchased a new stake in Schwab U.S. TIPS ETF during the fourth quarter valued at about $29,000. Ameritas Investment Partners Inc. grew its position in Schwab U.S. TIPS ETF by 83.9% during the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after acquiring an additional 547 shares during the period. CIBC Private Wealth Group LLC increased its stake in Schwab U.S. TIPS ETF by 69.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock worth $35,000 after acquiring an additional 541 shares during the last quarter. Finally, TOP Private Wealth LLC. acquired a new stake in Schwab U.S. TIPS ETF during the second quarter worth about $38,000.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $25.84 on Friday. The stock’s 50-day moving average is $26.08 and its 200-day moving average is $26.48. Schwab U.S. TIPS ETF has a 12 month low of $25.78 and a 12 month high of $27.19.

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.