Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Acquired by Latitude Advisors LLC

Latitude Advisors LLC lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 97.5% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 19,619 shares of the company’s stock after purchasing an additional 9,684 shares during the quarter. Latitude Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $507,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently made changes to their positions in the company. CENTRAL TRUST Co raised its stake in Schwab U.S. TIPS ETF by 92.2% in the 4th quarter. CENTRAL TRUST Co now owns 5,872,188 shares of the company’s stock worth $151,679,000 after acquiring an additional 2,817,586 shares during the last quarter. 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 worth $367,692,000 after purchasing an additional 2,803,683 shares during the period. JPMorgan Chase & Co. boosted its position in Schwab U.S. TIPS ETF by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock valued at $534,806,000 after buying an additional 1,458,886 shares during the last quarter. Stephens Group Asset Management LLC boosted its position in Schwab U.S. TIPS ETF by 105.9% in the fourth quarter. Stephens Group Asset Management LLC now owns 1,696,759 shares of the company’s stock valued at $43,827,000 after buying an additional 872,511 shares during the last quarter. Finally, Empower Advisory Group LLC increased its holdings in Schwab U.S. TIPS ETF by 5.1% in the 3rd quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock worth $951,174,000 after buying an additional 857,417 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA SCHP opened at $26.26 on Tuesday. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $26.96. The company has a 50 day simple moving average of $26.02 and a two-hundred day simple moving average of $26.30.

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.