Schwab U.S. TIPS ETF $SCHP Stock Position Lifted by Seneca Financial Advisors LLC

Seneca Financial Advisors LLC raised its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 12.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 925,889 shares of the company’s stock after purchasing an additional 102,907 shares during the quarter. Schwab U.S. TIPS ETF accounts for 7.2% of Seneca Financial Advisors LLC’s investment portfolio, making the stock its 4th largest position. Seneca Financial Advisors LLC owned approximately 0.16% of Schwab U.S. TIPS ETF worth $24,638,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Quadratic Capital Management LLC raised its position in Schwab U.S. TIPS ETF by 23.2% in the fourth quarter. Quadratic Capital Management LLC now owns 14,499,201 shares of the company’s stock worth $384,084,000 after acquiring an additional 2,732,156 shares during the period. Sei Investments Co. boosted its stake in Schwab U.S. TIPS ETF by 4.0% in the third quarter. Sei Investments Co. now owns 11,824,350 shares of the company’s stock valued at $318,667,000 after acquiring an additional 458,736 shares during the last quarter. Cerity Partners LLC grew its position in shares of Schwab U.S. TIPS ETF by 11.2% during the 4th quarter. Cerity Partners LLC now owns 9,291,730 shares of the company’s stock valued at $246,138,000 after acquiring an additional 936,063 shares during the period. Evoke Wealth LLC grew its position in shares of Schwab U.S. TIPS ETF by 16.5% during the 4th quarter. Evoke Wealth LLC now owns 9,032,516 shares of the company’s stock valued at $239,272,000 after acquiring an additional 1,281,394 shares during the period. Finally, CENTRAL TRUST Co increased its stake in shares of Schwab U.S. TIPS ETF by 5.5% during the 1st quarter. CENTRAL TRUST Co now owns 8,055,215 shares of the company’s stock worth $214,349,000 after purchasing an additional 421,678 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock opened at $26.57 on Monday. The company has a 50 day moving average of $26.67 and a 200-day moving average of $26.67. Schwab U.S. TIPS ETF has a 12-month low of $26.37 and a 12-month high of $27.19.

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.