Schwab U.S. TIPS ETF (NYSEARCA:SCHP) is Peak Financial Management Inc.’s 6th Largest Position

Peak Financial Management Inc. raised its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 103.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 472,233 shares of the company’s stock after purchasing an additional 239,714 shares during the period. Schwab U.S. TIPS ETF comprises about 3.7% of Peak Financial Management Inc.’s investment portfolio, making the stock its 6th largest position. Peak Financial Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $12,198,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Empower Advisory Group LLC lifted its position in Schwab U.S. TIPS ETF by 5.1% during the third quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock worth $951,174,000 after buying an additional 857,417 shares during the period. Quadratic Capital Management LLC increased its stake in shares of Schwab U.S. TIPS ETF by 24.5% during the 4th quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock valued at $367,692,000 after acquiring an additional 2,803,683 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Schwab U.S. TIPS ETF by 17.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock worth $534,806,000 after acquiring an additional 1,458,886 shares during the period. Cerity Partners LLC boosted its position in shares of Schwab U.S. TIPS ETF by 19.8% in the third quarter. Cerity Partners LLC now owns 3,922,743 shares of the company’s stock worth $210,377,000 after acquiring an additional 648,333 shares during the last quarter. Finally, CENTRAL TRUST Co grew its holdings in Schwab U.S. TIPS ETF by 7.7% in the third quarter. CENTRAL TRUST Co now owns 3,054,602 shares of the company’s stock valued at $163,818,000 after purchasing an additional 217,441 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.2 %

Shares of SCHP stock opened at $26.00 on Monday. The company has a 50 day moving average price of $26.03 and a 200 day moving average price of $26.30. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96.

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.