Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Stock Holdings Increased by HighTower Advisors LLC

HighTower Advisors LLC increased its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 126.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 390,413 shares of the company’s stock after purchasing an additional 217,777 shares during the quarter. HighTower Advisors LLC owned 0.18% of Schwab U.S. TIPS ETF worth $10,084,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHP. Empower Advisory Group LLC raised its holdings in shares of 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 purchasing an additional 20,565,226 shares in the last quarter. Lincoln National Corp raised its holdings in shares of Schwab U.S. TIPS ETF by 100.2% during the fourth quarter. Lincoln National Corp now owns 8,227,198 shares of the company’s stock valued at $212,509,000 after acquiring an additional 4,118,522 shares during the period. Alesco Advisors LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 105.9% during the fourth quarter. Alesco Advisors LLC now owns 5,570,374 shares of the company’s stock valued at $143,883,000 after acquiring an additional 2,865,603 shares during the period. CENTRAL TRUST Co raised its holdings in shares of Schwab U.S. TIPS ETF by 92.2% during the fourth quarter. CENTRAL TRUST Co now owns 5,872,188 shares of the company’s stock valued at $151,679,000 after acquiring an additional 2,817,586 shares during the period. Finally, Quadratic Capital Management LLC raised 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 acquiring an additional 2,803,683 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock opened at $26.46 on Monday. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96. The company’s 50 day simple moving average is $26.22 and its 200-day simple moving average is $26.31.

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.