Garde Capital Inc. Buys 128,355 Shares of Schwab U.S. TIPS ETF $SCHP

Garde Capital Inc. increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 12.3% during the third quarter, HoldingsChannel.com reports. The firm owned 1,173,047 shares of the company’s stock after buying an additional 128,355 shares during the period. Schwab U.S. TIPS ETF accounts for 1.5% of Garde Capital Inc.’s portfolio, making the stock its 16th largest position. Garde Capital Inc.’s holdings in Schwab U.S. TIPS ETF were worth $31,614,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in SCHP. US Bancorp DE increased its position in shares of Schwab U.S. TIPS ETF by 899.8% during the third quarter. US Bancorp DE now owns 16,265,679 shares of the company’s stock valued at $438,361,000 after buying an additional 14,638,820 shares during the period. Adventist Health System Sunbelt Healthcare Corp increased its holdings in Schwab U.S. TIPS ETF by 29,954.5% during the 3rd quarter. Adventist Health System Sunbelt Healthcare Corp now owns 4,628,695 shares of the company’s stock worth $124,743,000 after acquiring an additional 4,613,294 shares during the period. Envestnet Portfolio Solutions Inc. increased its holdings in Schwab U.S. TIPS ETF by 9,813.6% during the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 3,918,443 shares of the company’s stock worth $105,602,000 after acquiring an additional 3,878,917 shares during the period. Wealthfront Advisers LLC lifted its stake in Schwab U.S. TIPS ETF by 11.6% in the 3rd quarter. Wealthfront Advisers LLC now owns 35,688,247 shares of the company’s stock worth $961,798,000 after purchasing an additional 3,718,170 shares in the last quarter. Finally, Quadratic Capital Management LLC boosted its holdings in Schwab U.S. TIPS ETF by 32.3% in the 3rd quarter. Quadratic Capital Management LLC now owns 11,767,045 shares of the company’s stock valued at $317,122,000 after purchasing an additional 2,870,303 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.2%

Shares of NYSEARCA:SCHP opened at $26.81 on Thursday. Schwab U.S. TIPS ETF has a 52-week low of $25.83 and a 52-week high of $27.19. The firm has a fifty day moving average of $26.71 and a 200 day moving average of $26.80.

Analysts Set New Price Targets

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

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.