SRS Capital Advisors Inc. Has $28.85 Million Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

SRS Capital Advisors Inc. lessened its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 0.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 552,615 shares of the company’s stock after selling 257 shares during the period. Schwab U.S. TIPS ETF comprises 3.2% of SRS Capital Advisors Inc.’s portfolio, making the stock its 5th biggest holding. SRS Capital Advisors Inc.’s holdings in Schwab U.S. TIPS ETF were worth $28,847,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in SCHP. Friedenthal Financial lifted its stake in Schwab U.S. TIPS ETF by 0.8% during the fourth quarter. Friedenthal Financial now owns 25,747 shares of the company’s stock worth $1,344,000 after purchasing an additional 193 shares during the period. Jackson Creek Investment Advisors LLC lifted its stake in Schwab U.S. TIPS ETF by 2.2% during the fourth quarter. Jackson Creek Investment Advisors LLC now owns 11,497 shares of the company’s stock worth $600,000 after purchasing an additional 252 shares during the period. Mayflower Financial Advisors LLC lifted its stake in Schwab U.S. TIPS ETF by 1.6% during the fourth quarter. Mayflower Financial Advisors LLC now owns 17,251 shares of the company’s stock worth $901,000 after purchasing an additional 270 shares during the period. Stratos Wealth Partners LTD. lifted its stake in Schwab U.S. TIPS ETF by 0.9% during the third quarter. Stratos Wealth Partners LTD. now owns 32,544 shares of the company’s stock worth $1,643,000 after purchasing an additional 302 shares during the period. Finally, Security Financial Services INC. lifted its stake in Schwab U.S. TIPS ETF by 1.5% during the fourth quarter. Security Financial Services INC. now owns 20,258 shares of the company’s stock worth $1,057,000 after purchasing an additional 303 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.4 %

SCHP traded up $0.18 during midday trading on Thursday, reaching $51.28. 464,645 shares of the company’s stock were exchanged, compared to its average volume of 1,252,305. Schwab U.S. TIPS ETF has a one year low of $49.50 and a one year high of $53.83. The business has a 50-day simple moving average of $51.69 and a two-hundred day simple moving average of $51.50.

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.