Schwab U.S. TIPS ETF $SCHP Shares Newly Acquired by CENTRAL TRUST Co

CENTRAL TRUST Co bought a new position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 3rd quarter, HoldingsChannel.com reports. The fund bought 8,242,507 shares of the company’s stock, valued at approximately $207,134,000. Schwab U.S. TIPS ETF accounts for about 3.7% of CENTRAL TRUST Co’s portfolio, making the stock its 3rd biggest position.

Other hedge funds also recently bought and sold shares of the company. Baldwin Wealth Partners LLC MA acquired a new stake in shares of Schwab U.S. TIPS ETF during the 3rd quarter valued at about $39,649,000. Avior Wealth Management LLC bought a new stake in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at approximately $27,214,000. Assetmark Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 39.1% in the 1st quarter. Assetmark Inc. now owns 2,687,120 shares of the company’s stock valued at $71,504,000 after buying an additional 755,117 shares in the last quarter. Wealthcare Advisory Partners LLC increased its holdings in Schwab U.S. TIPS ETF by 47.8% in the second quarter. Wealthcare Advisory Partners LLC now owns 2,090,010 shares of the company’s stock worth $55,385,000 after buying an additional 675,990 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in Schwab U.S. TIPS ETF by 5.3% in the first quarter. Sei Investments Co. now owns 12,955,292 shares of the company’s stock worth $344,741,000 after buying an additional 646,415 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.1%

Shares of SCHP opened at $25.34 on Thursday. The firm’s 50 day moving average price is $25.46 and its 200 day moving average price is $26.25. Schwab U.S. TIPS ETF has a twelve month low of $25.01 and a twelve month high of $26.99.

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.