Schwab U.S. TIPS ETF $SCHP Stock Acquired by Matrix Trust Co

Matrix Trust Co boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 5.9% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,379,918 shares of the company’s stock after acquiring an additional 76,275 shares during the period. Schwab U.S. TIPS ETF accounts for about 5.1% of Matrix Trust Co’s portfolio, making the stock its 6th largest holding. Matrix Trust Co owned approximately 0.22% of Schwab U.S. TIPS ETF worth $34,677,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lincoln National Corp grew its holdings in shares of Schwab U.S. TIPS ETF by 180.0% during the 1st quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock worth $237,038,000 after purchasing an additional 5,726,082 shares during the period. Arax Advisory Partners acquired a new stake in shares of Schwab U.S. TIPS ETF during the fourth quarter valued at about $45,636,000. Pictet Asset Management Holding SA lifted its holdings in shares of Schwab U.S. TIPS ETF by 1,764.9% in the 1st quarter. Pictet Asset Management Holding SA now owns 1,267,000 shares of the company’s stock worth $33,715,000 after acquiring an additional 1,199,060 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp lifted its stake in Schwab U.S. TIPS ETF by 24.8% during the fourth quarter. Adventist Health System Sunbelt Healthcare Corp now owns 5,778,695 shares of the company’s stock worth $153,078,000 after purchasing an additional 1,150,000 shares in the last quarter. Finally, Cerity Partners LLC grew its stake in shares of Schwab U.S. TIPS ETF by 11.2% in the fourth quarter. Cerity Partners LLC now owns 9,291,730 shares of the company’s stock valued at $246,138,000 after buying an additional 936,063 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.0%

Shares of NYSEARCA SCHP traded up $0.01 during midday trading on Wednesday, hitting $25.12. The company’s stock had a trading volume of 3,496,713 shares, compared to its average volume of 4,788,869. The business’s fifty day simple moving average is $25.72 and its two-hundred day simple moving average is $26.26. Schwab U.S. TIPS ETF has a 1 year low of $25.01 and a 1 year high of $27.15.

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.