Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Free Report) shares saw unusually-high trading volume on Friday . 18,751,656 shares were traded during trading, an increase of 318% from the previous session’s volume of 4,486,410 shares.The stock last traded at $25.93 and had previously closed at $26.04.
Schwab U.S. TIPS ETF Price Performance
The firm has a 50-day simple moving average of $26.15 and a two-hundred day simple moving average of $26.52.
Institutional Investors Weigh In On Schwab U.S. TIPS ETF
Several large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC lifted its holdings in 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 worth $541,000 after buying an additional 14,212 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Schwab U.S. TIPS ETF by 180.7% in the first 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 position in shares of Schwab U.S. TIPS ETF by 3.0% during the second 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 during the period. Main Street Financial Solutions LLC increased its position in shares of Schwab U.S. TIPS ETF by 25.5% during the second 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 during the period. Finally, Alliancebernstein L.P. increased its position in shares of Schwab U.S. TIPS ETF by 2.9% during the second 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.
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.
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