Cerity Partners LLC Grows Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Cerity Partners LLC grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 104.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,004,393 shares of the company’s stock after acquiring an additional 4,081,650 shares during the quarter. Cerity Partners LLC’s holdings in Schwab U.S. TIPS ETF were worth $206,753,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of SCHP. Salem Investment Counselors Inc. raised its holdings in Schwab U.S. TIPS ETF by 91.8% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after acquiring an additional 506 shares during the last quarter. Transcendent Capital Group LLC raised its stake in shares of Schwab U.S. TIPS ETF by 112.1% in the fourth quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after purchasing an additional 554 shares during the last quarter. Community Bank N.A. lifted its holdings in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock valued at $27,000 after purchasing an additional 526 shares in the last quarter. Blue Bell Private Wealth Management LLC boosted its position in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 1,128 shares of the company’s stock valued at $29,000 after buying an additional 564 shares during the last quarter. Finally, Lindbrook Capital LLC increased its holdings in Schwab U.S. TIPS ETF by 24,260.0% in the 4th quarter. Lindbrook Capital LLC now owns 1,218 shares of the company’s stock worth $31,000 after buying an additional 1,213 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA:SCHP opened at $26.85 on Monday. The business has a 50-day simple moving average of $26.47 and a two-hundred day simple moving average of $26.32. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $27.06.

About Schwab U.S. TIPS ETF

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.