LongView Wealth Management Has $1.30 Million Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

LongView Wealth Management increased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 83.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 50,404 shares of the company’s stock after buying an additional 22,998 shares during the period. LongView Wealth Management’s holdings in Schwab U.S. TIPS ETF were worth $1,302,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of SCHP. Empower Advisory Group LLC boosted its position in shares of 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 purchasing an additional 857,417 shares during the last quarter. Quadratic Capital Management LLC grew its holdings in 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 purchasing an additional 2,803,683 shares during the period. JPMorgan Chase & Co. raised its holdings 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 worth $534,806,000 after purchasing an additional 1,458,886 shares during the period. Sei Investments Co. increased its position in shares of Schwab U.S. TIPS ETF by 0.5% in the 2nd quarter. Sei Investments Co. now owns 5,346,672 shares of the company’s stock valued at $278,077,000 after buying an additional 25,514 shares in the last quarter. Finally, Cerity Partners LLC raised its position in shares of Schwab U.S. TIPS ETF by 19.8% during the third quarter. Cerity Partners LLC now owns 3,922,743 shares of the company’s stock worth $210,377,000 after purchasing an additional 648,333 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP stock opened at $25.95 on Friday. The firm has a fifty day moving average of $26.05 and a 200-day moving average of $26.29. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96.

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.