Bigelow Investment Advisors LLC Buys 16,995 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Bigelow Investment Advisors LLC raised its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 86.3% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 36,679 shares of the company’s stock after acquiring an additional 16,995 shares during the period. Bigelow Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $947,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in SCHP. Empower Advisory Group LLC grew its position in shares of Schwab U.S. TIPS ETF by 116.0% in the 4th quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock valued at $989,317,000 after buying an additional 20,565,226 shares during the last quarter. CENTRAL TRUST Co grew its position in shares of Schwab U.S. TIPS ETF by 92.2% in the 4th quarter. CENTRAL TRUST Co now owns 5,872,188 shares of the company’s stock valued at $151,679,000 after buying an additional 2,817,586 shares during the last quarter. Quadratic Capital Management LLC boosted its position 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 purchasing an additional 2,803,683 shares in the last quarter. JPMorgan Chase & Co. boosted its position 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 valued at $534,806,000 after purchasing an additional 1,458,886 shares in the last quarter. Finally, Principal Securities Inc. boosted its position in shares of Schwab U.S. TIPS ETF by 3,310.7% during the 4th quarter. Principal Securities Inc. now owns 1,355,447 shares of the company’s stock valued at $35,011,000 after purchasing an additional 1,315,706 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of Schwab U.S. TIPS ETF stock opened at $26.22 on Wednesday. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96. The stock’s 50-day moving average is $26.00 and its 200 day moving average is $26.30.

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.