Cerity Partners LLC Acquires 4,081,650 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Cerity Partners LLC lifted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 104.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,004,393 shares of the company’s stock after acquiring an additional 4,081,650 shares during the period. Cerity Partners LLC owned approximately 3.79% of Schwab U.S. TIPS ETF worth $206,753,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Global Retirement Partners LLC boosted its holdings in Schwab U.S. TIPS ETF by 2.0% in the 4th quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock valued at $538,000 after purchasing an additional 409 shares during the period. Passive Capital Management LLC. raised its position in shares of Schwab U.S. TIPS ETF by 1.3% in the third quarter. Passive Capital Management LLC. now owns 38,687 shares of the company’s stock worth $2,075,000 after buying an additional 484 shares in the last quarter. Salem Investment Counselors Inc. boosted its stake in Schwab U.S. TIPS ETF by 91.8% during the fourth 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 during the period. Community Bank N.A. grew its position in Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. Community Bank N.A. now owns 1,052 shares of the company’s stock worth $27,000 after buying an additional 526 shares in the last quarter. Finally, Transcendent Capital Group LLC increased its stake in Schwab U.S. TIPS ETF by 112.1% in the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after acquiring an additional 554 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.3 %

Shares of SCHP opened at $26.85 on Monday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $27.06. The stock has a 50-day moving average price of $26.47 and a 200-day moving average price of $26.32.

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.