Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Acquired by Pacific Capital Wealth Advisors Inc.

Pacific Capital Wealth Advisors Inc. raised its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 44.8% in the 4th quarter, Holdings Channel reports. The firm owned 211,495 shares of the company’s stock after purchasing an additional 65,454 shares during the quarter. Schwab U.S. TIPS ETF comprises about 0.9% of Pacific Capital Wealth Advisors Inc.’s investment portfolio, making the stock its 18th biggest holding. Pacific Capital Wealth Advisors Inc.’s holdings in Schwab U.S. TIPS ETF were worth $5,463,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Empower Advisory Group LLC increased its stake in shares of Schwab U.S. TIPS ETF by 5.1% in the third quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock valued at $951,174,000 after purchasing an additional 857,417 shares during the period. Quadratic Capital Management LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 24.5% during the fourth quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock valued at $367,692,000 after purchasing an additional 2,803,683 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of Schwab U.S. TIPS ETF by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock valued at $534,806,000 after acquiring an additional 1,458,886 shares in the last quarter. Cerity Partners LLC boosted its position in shares of Schwab U.S. TIPS ETF by 19.8% in the third quarter. Cerity Partners LLC now owns 3,922,743 shares of the company’s stock worth $210,377,000 after buying an additional 648,333 shares during the period. Finally, CENTRAL TRUST Co boosted its position in Schwab U.S. TIPS ETF by 7.7% during the 3rd quarter. CENTRAL TRUST Co now owns 3,054,602 shares of the company’s stock worth $163,818,000 after acquiring an additional 217,441 shares during the period.

Schwab U.S. TIPS ETF Price Performance

SCHP opened at $26.12 on Tuesday. Schwab U.S. TIPS ETF has a 1 year low of $25.46 and a 1 year high of $26.96. The stock has a fifty day moving average price of $26.03 and a 200 day moving average price of $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.