Stephens Group Asset Management LLC boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 9.9% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,649,265 shares of the company’s stock after buying an additional 149,027 shares during the quarter. Schwab U.S. TIPS ETF makes up about 2.4% of Stephens Group Asset Management LLC’s holdings, making the stock its 14th biggest position. Stephens Group Asset Management LLC owned about 0.26% of Schwab U.S. TIPS ETF worth $41,446,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Sei Investments Co. boosted its holdings in Schwab U.S. TIPS ETF by 5.3% during the first quarter. Sei Investments Co. now owns 12,955,292 shares of the company’s stock valued at $344,741,000 after acquiring an additional 646,415 shares during the period. Lincoln National Corp lifted its position in shares of Schwab U.S. TIPS ETF by 180.0% during the 1st quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock worth $237,038,000 after purchasing an additional 5,726,082 shares during the last quarter. CENTRAL TRUST Co lifted its position in shares of Schwab U.S. TIPS ETF by 5.5% during the 1st quarter. CENTRAL TRUST Co now owns 8,055,215 shares of the company’s stock worth $214,349,000 after purchasing an additional 421,678 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in Schwab U.S. TIPS ETF by 5.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 6,295,573 shares of the company’s stock valued at $166,833,000 after purchasing an additional 300,734 shares during the period. Finally, Alesco Advisors LLC An ESL Co grew its holdings in Schwab U.S. TIPS ETF by 2.8% in the 1st quarter. Alesco Advisors LLC An ESL Co now owns 6,121,252 shares of the company’s stock valued at $162,887,000 after buying an additional 164,878 shares during the last quarter.
Schwab U.S. TIPS ETF Stock Performance
NYSEARCA SCHP traded down $0.03 during trading on Friday, hitting $25.18. The company’s stock had a trading volume of 2,622,483 shares, compared to its average volume of 4,797,643. The firm has a 50 day moving average price of $25.68 and a 200 day moving average price of $26.24. Schwab U.S. TIPS ETF has a 52 week low of $25.01 and a 52 week high of $27.15.
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.
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