Schwab U.S. TIPS ETF $SCHP Stock: Stash Investments LLC Increases Position

Stash Investments LLC raised its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 184.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 36,474 shares of the company’s stock after purchasing an additional 23,645 shares during the period. Schwab U.S. TIPS ETF accounts for about 0.3% of Stash Investments LLC’s holdings, making the stock its 14th largest holding. Stash Investments LLC’s holdings in Schwab U.S. TIPS ETF were worth $917,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Sei Investments Co. grew its position in shares of Schwab U.S. TIPS ETF by 5.3% in the 1st quarter. Sei Investments Co. now owns 12,955,292 shares of the company’s stock worth $344,741,000 after buying an additional 646,415 shares during the last quarter. Lincoln National Corp increased its stake in shares of Schwab U.S. TIPS ETF by 180.0% during the first quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock valued at $237,038,000 after buying an additional 5,726,082 shares during the period. Envestnet Asset Management Inc. raised its holdings in shares of Schwab U.S. TIPS ETF by 5.0% during the second quarter. Envestnet Asset Management Inc. now owns 6,295,573 shares of the company’s stock valued at $166,833,000 after acquiring an additional 300,734 shares in the last quarter. Alesco Advisors LLC An ESL Co raised its holdings in shares of Schwab U.S. TIPS ETF by 2.8% during the first quarter. Alesco Advisors LLC An ESL Co now owns 6,121,252 shares of the company’s stock valued at $162,887,000 after acquiring an additional 164,878 shares in the last quarter. Finally, Armstrong Advisory Group Inc. raised its holdings in Schwab U.S. TIPS ETF by 2.9% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 3,629,675 shares of the company’s stock worth $91,214,000 after purchasing an additional 102,157 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP opened at $25.64 on Wednesday. The company has a 50-day simple moving average of $25.55 and a two-hundred day simple moving average of $26.30. Schwab U.S. TIPS ETF has a one year low of $25.01 and a one year high of $27.11.

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.