32,216 Shares in Schwab U.S. TIPS ETF $SCHP Acquired by Granville Capital Inc.

Granville Capital Inc. purchased a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the third quarter, Holdings Channel reports. The institutional investor purchased 32,216 shares of the company’s stock, valued at approximately $810,000.

Other hedge funds have also bought and sold shares of the company. Tandemgrowth Financial Advisors LLC increased its position in shares of Schwab U.S. TIPS ETF by 4.0% during the 3rd quarter. Tandemgrowth Financial Advisors LLC now owns 732,994 shares of the company’s stock valued at $18,420,000 after purchasing an additional 27,903 shares during the last quarter. AMG National Trust Bank purchased a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter worth about $6,231,000. Lido Advisors LLC purchased a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter worth about $2,026,000. Equity Investment Corp purchased a new position in shares of Schwab U.S. TIPS ETF in the 3rd quarter worth about $2,123,000. Finally, Global Wealth Management Investment Advisory Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 11.5% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 9,479 shares of the company’s stock worth $238,000 after buying an additional 974 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP opened at $25.34 on Thursday. The firm has a 50-day moving average of $25.46 and a 200 day moving average of $26.25. Schwab U.S. TIPS ETF has a fifty-two week low of $25.01 and a fifty-two week 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.