Schwab U.S. TIPS ETF $SCHP Shares Purchased by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH boosted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 126.6% during the 4th quarter, HoldingsChannel reports. The firm owned 38,073 shares of the company’s stock after purchasing an additional 21,268 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in Schwab U.S. TIPS ETF were worth $1,009,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of SCHP. Brighton Jones LLC increased its position in Schwab U.S. TIPS ETF by 211.4% in the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after acquiring an additional 14,212 shares during the period. AQR Capital Management LLC raised its stake in Schwab U.S. TIPS ETF by 180.7% during the 1st quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock valued at $2,049,000 after acquiring an additional 49,056 shares during the last quarter. Rockefeller Capital Management L.P. acquired a new stake in Schwab U.S. TIPS ETF during the 2nd quarter worth approximately $280,000. Global Retirement Partners LLC acquired a new stake in Schwab U.S. TIPS ETF during the 2nd quarter worth approximately $648,000. Finally, Choreo LLC grew its stake in shares of Schwab U.S. TIPS ETF by 2.3% in the 2nd quarter. Choreo LLC now owns 57,882 shares of the company’s stock valued at $1,544,000 after purchasing an additional 1,276 shares during the last quarter.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised Schwab U.S. TIPS ETF to a “hold” rating in a report on Friday, December 5th.

Schwab U.S. TIPS ETF Price Performance

SCHP opened at $26.43 on Friday. Schwab U.S. TIPS ETF has a 12 month low of $25.83 and a 12 month high of $27.19. The business has a 50 day simple moving average of $26.71 and a 200-day simple moving average of $26.78.

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.