Private Advisor Group LLC Grows Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Private Advisor Group LLC lifted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 80.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 135,899 shares of the company’s stock after purchasing an additional 60,676 shares during the period. Private Advisor Group LLC’s holdings in Schwab U.S. TIPS ETF were worth $3,510,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Empower Advisory Group LLC grew its holdings in Schwab U.S. TIPS ETF by 116.0% in the 4th quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock worth $989,317,000 after acquiring an additional 20,565,226 shares during the last quarter. CENTRAL TRUST Co grew its stake in shares of Schwab U.S. TIPS ETF by 92.2% in the fourth quarter. CENTRAL TRUST Co now owns 5,872,188 shares of the company’s stock worth $151,679,000 after purchasing an additional 2,817,586 shares during the last quarter. Quadratic Capital Management LLC increased its holdings in Schwab U.S. TIPS ETF by 24.5% during the 4th 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 period. JPMorgan Chase & Co. raised its holdings in shares of Schwab U.S. TIPS ETF by 17.1% during the third 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. Finally, Principal Securities Inc. lifted its position in shares of Schwab U.S. TIPS ETF by 3,310.7% in the 4th quarter. Principal Securities Inc. now owns 1,355,447 shares of the company’s stock worth $35,011,000 after purchasing an additional 1,315,706 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.39 on Monday. The stock’s 50 day moving average is $26.01 and its 200 day moving average is $26.30. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96.

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.