Schwab U.S. TIPS ETF $SCHP Position Lifted by VestGen Advisors LLC

VestGen Advisors LLC raised its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 87.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 180,518 shares of the company’s stock after purchasing an additional 84,216 shares during the quarter. VestGen Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $4,536,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SCHP. Archer Investment Corp grew its stake in shares of Schwab U.S. TIPS ETF by 212.2% in the first quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after acquiring an additional 660 shares in the last quarter. First Community Trust NA acquired a new position in Schwab U.S. TIPS ETF in the third quarter valued at approximately $25,000. Align Financial LLC purchased a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at $27,000. TOP Private Wealth LLC. acquired a new stake in shares of Schwab U.S. TIPS ETF during the second quarter worth about $38,000. Finally, CX Institutional purchased a new stake in Schwab U.S. TIPS ETF in the third quarter valued at approximately $44,000.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP opened at $25.67 on Friday. The firm’s fifty day moving average is $25.54 and its two-hundred day moving average is $26.29. Schwab U.S. TIPS ETF has a one year low of $25.01 and a one year high of $26.99.

About Schwab U.S. TIPS ETF

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.