Skyline Advisors Inc. Has $3.17 Million Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Skyline Advisors Inc. boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 117,861 shares of the company’s stock after buying an additional 4,552 shares during the quarter. Schwab U.S. TIPS ETF makes up approximately 1.2% of Skyline Advisors Inc.’s portfolio, making the stock its 16th biggest position. Skyline Advisors Inc.’s holdings in Schwab U.S. TIPS ETF were worth $3,169,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Empower Advisory Group LLC lifted its position in shares of Schwab U.S. TIPS ETF by 116.0% during the 4th quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock valued at $989,317,000 after acquiring an additional 20,565,226 shares during the period. Municipal Employees Retirement System of Michigan bought a new stake in Schwab U.S. TIPS ETF in the fourth quarter valued at $402,061,000. Sei Investments Co. raised its holdings in shares of Schwab U.S. TIPS ETF by 108.6% during the fourth quarter. Sei Investments Co. now owns 11,217,087 shares of the company’s stock valued at $289,734,000 after purchasing an additional 5,840,961 shares during the period. Voya Investment Management LLC boosted its position in shares of Schwab U.S. TIPS ETF by 103.8% during the 4th quarter. Voya Investment Management LLC now owns 10,955,163 shares of the company’s stock worth $282,972,000 after purchasing an additional 5,579,336 shares in the last quarter. Finally, Nepc LLC grew its stake in shares of Schwab U.S. TIPS ETF by 157.0% in the 4th quarter. Nepc LLC now owns 7,637,467 shares of the company’s stock valued at $197,276,000 after buying an additional 4,666,256 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.0%

SCHP stock opened at $26.25 on Wednesday. The stock’s 50 day simple moving average is $26.43 and its 200 day simple moving average is $26.31. Schwab U.S. TIPS ETF has a fifty-two week low of $25.68 and a fifty-two week high of $27.06.

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.