Csenge Advisory Group Has $1.53 Million Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Csenge Advisory Group grew its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.9% during the second quarter, HoldingsChannel.com reports. The firm owned 29,407 shares of the company’s stock after acquiring an additional 1,371 shares during the quarter. Csenge Advisory Group’s holdings in Schwab U.S. TIPS ETF were worth $1,529,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Summit Trail Advisors LLC boosted its position in shares of Schwab U.S. TIPS ETF by 23.3% during the 4th quarter. Summit Trail Advisors LLC now owns 173,898 shares of the company’s stock worth $9,077,000 after acquiring an additional 32,909 shares in the last quarter. Savvy Advisors Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter worth approximately $893,000. BlueSky Wealth Advisors LLC boosted its position in shares of Schwab U.S. TIPS ETF by 2.2% during the 4th quarter. BlueSky Wealth Advisors LLC now owns 601,327 shares of the company’s stock worth $31,389,000 after acquiring an additional 12,684 shares in the last quarter. Goodwin Investment Advisory acquired a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter worth approximately $5,211,000. Finally, Kovitz Investment Group Partners LLC boosted its position in shares of Schwab U.S. TIPS ETF by 9.6% during the 4th quarter. Kovitz Investment Group Partners LLC now owns 43,791 shares of the company’s stock worth $2,286,000 after acquiring an additional 3,845 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA SCHP traded down $0.05 during trading hours on Thursday, hitting $52.46. 634,317 shares of the stock were exchanged, compared to its average volume of 1,258,699. The company’s fifty day simple moving average is $52.16 and its two-hundred day simple moving average is $51.87. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $53.05.

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.