Sensible Financial Planning & Management LLC. Acquires 66,563 Shares of Schwab U.S. TIPS ETF $SCHP

Sensible Financial Planning & Management LLC. increased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,088,558 shares of the company’s stock after acquiring an additional 66,563 shares during the quarter. Schwab U.S. TIPS ETF comprises 15.1% of Sensible Financial Planning & Management LLC.’s portfolio, making the stock its biggest holding. Sensible Financial Planning & Management LLC. owned 0.56% of Schwab U.S. TIPS ETF worth $83,237,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its position in shares of Schwab U.S. TIPS ETF by 211.4% in the fourth quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after purchasing an additional 14,212 shares during the period. AQR Capital Management LLC grew its stake 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 valued at $2,049,000 after buying an additional 49,056 shares during the last quarter. US Bancorp DE raised its holdings in Schwab U.S. TIPS ETF by 18.9% in the 2nd quarter. US Bancorp DE now owns 1,626,859 shares of the company’s stock valued at $43,405,000 after acquiring an additional 258,310 shares during the period. Horizon Bancorp Inc. IN acquired a new stake in Schwab U.S. TIPS ETF during the second quarter worth approximately $43,000. Finally, Mengis Capital Management Inc. lifted its position in Schwab U.S. TIPS ETF by 2.8% during the second quarter. Mengis Capital Management Inc. now owns 16,010 shares of the company’s stock worth $427,000 after acquiring an additional 442 shares during the last quarter.

Analysts Set New Price Targets

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

Schwab U.S. TIPS ETF Stock Up 0.1%

Shares of Schwab U.S. TIPS ETF stock opened at $26.67 on Friday. The firm’s 50 day moving average is $26.59 and its 200 day moving average is $26.78. Schwab U.S. TIPS ETF has a 1 year low of $25.83 and a 1 year high of $27.19.

Schwab U.S. TIPS ETF Profile

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.