Matrix Trust Co Has $29.75 Million Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Matrix Trust Co boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 108.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,151,851 shares of the company’s stock after purchasing an additional 598,361 shares during the quarter. Schwab U.S. TIPS ETF accounts for approximately 5.2% of Matrix Trust Co’s holdings, making the stock its 7th biggest position. Matrix Trust Co’s holdings in Schwab U.S. TIPS ETF were worth $29,752,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Wilmington Savings Fund Society FSB bought a new stake in Schwab U.S. TIPS ETF during the 3rd quarter worth about $483,000. TPG Advisors LLC acquired a new position in shares of Schwab U.S. TIPS ETF in the 2nd quarter valued at $277,000. Full Sail Capital LLC boosted its holdings in Schwab U.S. TIPS ETF by 6.3% during the second quarter. Full Sail Capital LLC now owns 660,753 shares of the company’s stock worth $34,366,000 after buying an additional 38,984 shares during the last quarter. Brighton Jones LLC increased its stake in shares of Schwab U.S. TIPS ETF by 16.4% in the 2nd quarter. Brighton Jones LLC now owns 8,954 shares of the company’s stock valued at $466,000 after acquiring an additional 1,264 shares during the last quarter. Finally, Marshall Financial Group Inc. ADV raised its position in shares of Schwab U.S. TIPS ETF by 0.7% in the 2nd quarter. Marshall Financial Group Inc. ADV now owns 399,730 shares of the company’s stock valued at $20,790,000 after acquiring an additional 2,809 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.4 %

SCHP opened at $25.69 on Monday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96. The firm’s fifty day moving average is $26.09 and its two-hundred day moving average is $26.30.

Schwab U.S. TIPS ETF Company 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.