Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Free Report)’s stock price reached a new 52-week low during trading on Tuesday . The stock traded as low as $26.04 and last traded at $26.05, with a volume of 4278510 shares changing hands. The stock had previously closed at $26.09.
Schwab U.S. TIPS ETF Price Performance
The firm’s 50-day moving average price is $26.42 and its two-hundred day moving average price is $26.62.
Institutional Trading of Schwab U.S. TIPS ETF
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Sei Investments Co. raised 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 acquiring an additional 646,415 shares in the last quarter. Cerity Partners LLC boosted its position in Schwab U.S. TIPS ETF by 11.2% during the fourth quarter. Cerity Partners LLC now owns 9,291,730 shares of the company’s stock valued at $246,138,000 after purchasing an additional 936,063 shares in the last quarter. Evoke Wealth LLC boosted its position in Schwab U.S. TIPS ETF by 16.5% during the fourth quarter. Evoke Wealth LLC now owns 9,032,516 shares of the company’s stock valued at $239,272,000 after purchasing an additional 1,281,394 shares in the last quarter. Lincoln National Corp grew its stake in Schwab U.S. TIPS ETF by 180.0% in the first quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock valued at $237,038,000 after purchasing an additional 5,726,082 shares during the last quarter. Finally, CENTRAL TRUST Co grew its stake in Schwab U.S. TIPS ETF by 5.5% in the first quarter. CENTRAL TRUST Co now owns 8,055,215 shares of the company’s stock valued at $214,349,000 after purchasing an additional 421,678 shares during the last quarter.
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.
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