Lido Advisors LLC purchased a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 80,608 shares of the company’s stock, valued at approximately $2,026,000.
Other institutional investors also recently bought and sold shares of the company. First Community Trust NA purchased a new stake in Schwab U.S. TIPS ETF during the third quarter worth approximately $25,000. Align Financial LLC acquired a new position in Schwab U.S. TIPS ETF in the third quarter valued at approximately $27,000. TOP Private Wealth LLC. purchased a new position in Schwab U.S. TIPS ETF in the second quarter valued at approximately $38,000. CX Institutional purchased a new position in Schwab U.S. TIPS ETF in the third quarter valued at approximately $44,000. Finally, Cohalo Advisory LLC purchased a new position in Schwab U.S. TIPS ETF in the third quarter valued at approximately $48,000.
Schwab U.S. TIPS ETF Stock Down 0.2%
Shares of NYSEARCA:SCHP traded down $0.05 during trading on Friday, hitting $25.18. 3,894,574 shares of the company were exchanged, compared to its average volume of 5,127,618. The firm’s 50 day moving average price is $25.43 and its 200-day moving average price is $26.23. Schwab U.S. TIPS ETF has a 12-month low of $25.01 and a 12-month high of $26.99.
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.
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