Keener Financial Planning LLC Invests $531,000 in Schwab U.S. TIPS ETF $SCHP

Keener Financial Planning LLC acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 19,980 shares of the company’s stock, valued at approximately $531,000. Schwab U.S. TIPS ETF comprises approximately 0.2% of Keener Financial Planning LLC’s investment portfolio, making the stock its 29th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of SCHP. Beacon Pointe Advisors LLC lifted its position in Schwab U.S. TIPS ETF by 839.0% in the fourth quarter. Beacon Pointe Advisors LLC now owns 3,546,615 shares of the company’s stock valued at $93,950,000 after buying an additional 3,168,924 shares during the last quarter. Nepc LLC increased its position in shares of Schwab U.S. TIPS ETF by 64.9% during the fourth quarter. Nepc LLC now owns 7,572,111 shares of the company’s stock valued at $200,585,000 after acquiring an additional 2,980,022 shares during the last quarter. Quadratic Capital Management LLC raised its stake in shares of Schwab U.S. TIPS ETF by 23.2% in the 4th quarter. Quadratic Capital Management LLC now owns 14,499,201 shares of the company’s stock valued at $384,084,000 after acquiring an additional 2,732,156 shares during the period. Valpey Financial Services LLC raised its stake in shares of Schwab U.S. TIPS ETF by 2,722.6% in the 4th quarter. Valpey Financial Services LLC now owns 1,970,938 shares of the company’s stock valued at $52,210,000 after acquiring an additional 1,901,111 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its stake in shares of Schwab U.S. TIPS ETF by 591.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 2,198,822 shares of the company’s stock valued at $59,258,000 after acquiring an additional 1,880,726 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock remained flat at $26.23 during trading hours on Friday. 3,624,867 shares of the stock traded hands, compared to its average volume of 4,440,845. The business’s fifty day moving average is $26.56 and its two-hundred day moving average is $26.64. Schwab U.S. TIPS ETF has a 52-week low of $26.19 and a 52-week high of $27.19.

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.