Theory Financial LLC Reduces Stock Holdings in Schwab U.S. TIPS ETF $SCHP

Theory Financial LLC cut its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 12.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 199,063 shares of the company’s stock after selling 28,705 shares during the period. Schwab U.S. TIPS ETF comprises approximately 1.9% of Theory Financial LLC’s investment portfolio, making the stock its 18th biggest holding. Theory Financial LLC’s holdings in Schwab U.S. TIPS ETF were worth $5,297,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in SCHP. Lincoln National Corp boosted its holdings in 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 worth $237,038,000 after buying an additional 5,726,082 shares in the last quarter. Beacon Pointe Advisors LLC grew its position in Schwab U.S. TIPS ETF by 839.0% during the fourth quarter. Beacon Pointe Advisors LLC now owns 3,546,615 shares of the company’s stock valued at $93,950,000 after buying an additional 3,168,924 shares during the period. Nepc LLC increased its holdings in Schwab U.S. TIPS ETF by 64.9% in the fourth quarter. Nepc LLC now owns 7,572,111 shares of the company’s stock valued at $200,585,000 after buying an additional 2,980,022 shares in the last quarter. Quadratic Capital Management LLC increased its holdings 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 buying an additional 2,732,156 shares in the last quarter. Finally, Valpey Financial Services LLC raised its position in shares of 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 worth $52,210,000 after acquiring an additional 1,901,111 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.0%

NYSEARCA SCHP opened at $26.21 on Thursday. The stock has a 50-day moving average of $26.52 and a 200 day moving average of $26.64. Schwab U.S. TIPS ETF has a twelve month low of $26.14 and a twelve month 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.