Bogart Wealth LLC Has $38,000 Stock Holdings in Schwab U.S. TIPS ETF $SCHP

Bogart Wealth LLC increased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 64.1% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,411 shares of the company’s stock after acquiring an additional 551 shares during the period. Bogart Wealth LLC’s holdings in Schwab U.S. TIPS ETF were worth $38,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in Schwab U.S. TIPS ETF by 1,240.8% in the first quarter. JPMorgan Chase & Co. now owns 17,556,656 shares of the company’s stock valued at $472,102,000 after buying an additional 16,247,258 shares during the period. Wealthfront Advisers LLC lifted its position in shares of Schwab U.S. TIPS ETF by 26.9% during the 1st quarter. Wealthfront Advisers LLC now owns 28,220,930 shares of the company’s stock valued at $758,861,000 after acquiring an additional 5,986,682 shares during the period. Empower Advisory Group LLC lifted its position in shares of Schwab U.S. TIPS ETF by 6.2% during the 1st quarter. Empower Advisory Group LLC now owns 40,669,805 shares of the company’s stock valued at $1,093,611,000 after acquiring an additional 2,368,720 shares during the period. Kingstone Capital Partners Texas LLC bought a new position in Schwab U.S. TIPS ETF during the second quarter worth $28,606,000. Finally, Municipal Employees Retirement System of Michigan increased its stake in Schwab U.S. TIPS ETF by 5.4% during the 1st quarter. Municipal Employees Retirement System of Michigan now owns 16,401,227 shares of the company’s stock valued at $441,029,000 after purchasing an additional 835,548 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP opened at $27.11 on Wednesday. Schwab U.S. TIPS ETF has a 1-year low of $25.68 and a 1-year high of $27.19. The company’s fifty day moving average price is $26.92 and its two-hundred day moving average price is $26.64.

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.