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

Private Advisor Group LLC boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 80.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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 owned about 0.06% of Schwab U.S. TIPS ETF worth $3,510,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Empower Advisory Group LLC lifted its position in shares of Schwab U.S. TIPS ETF by 116.0% during the 4th quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock valued at $989,317,000 after buying an additional 20,565,226 shares during the last quarter. CENTRAL TRUST Co raised its stake in Schwab U.S. TIPS ETF by 92.2% in the 4th 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. Quadratic Capital Management LLC lifted 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 last quarter. JPMorgan Chase & Co. boosted its position in 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 period. Finally, Principal Securities Inc. increased its stake in shares of Schwab U.S. TIPS ETF by 3,310.7% in the fourth 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 in the last quarter.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA SCHP opened at $26.39 on Monday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The company’s 50 day moving average is $26.01 and its 200-day moving average is $26.30.

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.