Seed Wealth Management Inc. Acquires 105,400 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Seed Wealth Management Inc. increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 159.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 171,420 shares of the company’s stock after purchasing an additional 105,400 shares during the period. Schwab U.S. TIPS ETF accounts for about 3.6% of Seed Wealth Management Inc.’s holdings, making the stock its 4th biggest position. Seed Wealth Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $4,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also made changes to their positions in SCHP. Empower Advisory Group LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 5.1% during the third quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock valued at $951,174,000 after buying an additional 857,417 shares during the period. Quadratic Capital Management LLC lifted its stake in shares of 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 worth $367,692,000 after purchasing an additional 2,803,683 shares during the period. JPMorgan Chase & Co. boosted 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 worth $534,806,000 after purchasing an additional 1,458,886 shares during the last quarter. Sei Investments Co. grew its position in shares of Schwab U.S. TIPS ETF by 0.5% in the second quarter. Sei Investments Co. now owns 5,346,672 shares of the company’s stock valued at $278,077,000 after purchasing an additional 25,514 shares during the period. Finally, Cerity Partners LLC increased its stake in 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 valued at $210,377,000 after purchasing an additional 648,333 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP opened at $25.72 on Tuesday. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $26.96. The business has a 50-day moving average of $26.08 and a two-hundred day moving average 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.