19,257 Shares in Schwab U.S. TIPS ETF $SCHP Bought by Hsbc Holdings PLC

Hsbc Holdings PLC bought a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 1st quarter, Holdings Channel reports. The firm bought 19,257 shares of the company’s stock, valued at approximately $512,000.

Other hedge funds have also bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Schwab U.S. TIPS ETF by 211.4% during the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after buying an additional 14,212 shares in the last quarter. AQR Capital Management LLC increased its holdings in Schwab U.S. TIPS ETF by 180.7% in the 1st quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock worth $2,049,000 after acquiring an additional 49,056 shares in the last quarter. State Street Corp increased its holdings in Schwab U.S. TIPS ETF by 3.0% in the 2nd quarter. State Street Corp now owns 2,599,691 shares of the company’s stock worth $69,360,000 after acquiring an additional 76,212 shares in the last quarter. Main Street Financial Solutions LLC increased its holdings in Schwab U.S. TIPS ETF by 25.5% in the 2nd quarter. Main Street Financial Solutions LLC now owns 11,390 shares of the company’s stock worth $304,000 after acquiring an additional 2,312 shares in the last quarter. Finally, Alliancebernstein L.P. raised its stake in Schwab U.S. TIPS ETF by 2.9% during the 2nd quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock worth $209,004,000 after acquiring an additional 223,281 shares during the period.

Schwab U.S. TIPS ETF Stock Down 0.1%

Shares of NYSEARCA:SCHP opened at $26.09 on Friday. Schwab U.S. TIPS ETF has a 1-year low of $26.03 and a 1-year high of $27.19. The firm’s 50 day simple moving average is $26.39 and its two-hundred day simple moving average is $26.60.

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.