Cerity Partners OCIO LLC Has $129.59 Million Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Cerity Partners OCIO LLC grew its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.0% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,017,080 shares of the company’s stock after buying an additional 2,508,540 shares during the quarter. Schwab U.S. TIPS ETF accounts for about 8.6% of Cerity Partners OCIO LLC’s investment portfolio, making the stock its 3rd biggest position. Cerity Partners OCIO LLC owned 2.38% of Schwab U.S. TIPS ETF worth $129,591,000 at the end of the most recent quarter.

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

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock opened at $26.85 on Friday. The stock’s fifty day moving average price is $26.47 and its 200 day moving average price is $26.32. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $27.06.

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.