Resolute Capital LLC Acquires New Stake in Schwab U.S. TIPS ETF $SCHP

Resolute Capital LLC acquired a new stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 4th quarter, HoldingsChannel reports. The firm acquired 22,908 shares of the company’s stock, valued at approximately $607,000.

Several other institutional investors have also bought and sold shares of SCHP. US Bancorp DE lifted its stake in Schwab U.S. TIPS ETF by 899.8% in the third quarter. US Bancorp DE now owns 16,265,679 shares of the company’s stock valued at $438,361,000 after purchasing an additional 14,638,820 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp lifted its stake in Schwab U.S. TIPS ETF by 29,954.5% in the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 4,628,695 shares of the company’s stock valued at $124,743,000 after purchasing an additional 4,613,294 shares during the last quarter. Wealthfront Advisers LLC lifted its stake in Schwab U.S. TIPS ETF by 11.6% in the third quarter. Wealthfront Advisers LLC now owns 35,688,247 shares of the company’s stock valued at $961,798,000 after purchasing an additional 3,718,170 shares during the last quarter. Quadratic Capital Management LLC lifted its stake in Schwab U.S. TIPS ETF by 23.2% in the fourth quarter. Quadratic Capital Management LLC now owns 14,499,201 shares of the company’s stock valued at $384,084,000 after purchasing an additional 2,732,156 shares during the last quarter. Finally, Valpey Financial Services LLC lifted its stake in Schwab U.S. TIPS ETF by 2,722.6% in the fourth quarter. Valpey Financial Services LLC now owns 1,970,938 shares of the company’s stock valued at $52,210,000 after purchasing an additional 1,901,111 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.83 on Monday. Schwab U.S. TIPS ETF has a 12 month low of $26.20 and a 12 month high of $27.19. The business’s 50 day simple moving average is $26.72 and its 200 day simple moving average is $26.71.

Schwab U.S. TIPS ETF Company 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.