Sanctuary Advisors LLC Raises Holdings in Schwab U.S. TIPS ETF $SCHP

Sanctuary Advisors LLC lifted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 24.3% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 149,801 shares of the company’s stock after purchasing an additional 29,288 shares during the period. Sanctuary Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $3,968,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SCHP. Assetmark Inc. increased its stake in Schwab U.S. TIPS ETF by 4.5% during the third quarter. Assetmark Inc. now owns 2,045,996 shares of the company’s stock worth $55,140,000 after acquiring an additional 88,125 shares during the last quarter. Abbington Investment Group acquired a new stake in Schwab U.S. TIPS ETF during the third quarter worth about $1,927,000. Altfest L J & Co. Inc. increased its stake in Schwab U.S. TIPS ETF by 2.5% during the third quarter. Altfest L J & Co. Inc. now owns 1,009,579 shares of the company’s stock worth $27,208,000 after acquiring an additional 24,538 shares during the last quarter. Cambridge Capital Management LLC grew its stake in shares of Schwab U.S. TIPS ETF by 8.3% in the third quarter. Cambridge Capital Management LLC now owns 261,068 shares of the company’s stock valued at $7,036,000 after buying an additional 20,043 shares in the last quarter. Finally, Clearstead Advisors LLC grew its stake in shares of Schwab U.S. TIPS ETF by 34,125.7% in the third quarter. Clearstead Advisors LLC now owns 101,308 shares of the company’s stock valued at $2,730,000 after buying an additional 101,012 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.1%

SCHP stock opened at $26.87 on Friday. Schwab U.S. TIPS ETF has a 1 year low of $26.20 and a 1 year high of $27.19. The stock has a 50-day simple moving average of $26.76 and a 200-day simple moving average of $26.75.

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.