Quadratic Capital Management LLC Purchases 2,732,156 Shares of Schwab U.S. TIPS ETF $SCHP

Quadratic Capital Management LLC boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 23.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,499,201 shares of the company’s stock after acquiring an additional 2,732,156 shares during the quarter. Schwab U.S. TIPS ETF comprises about 98.2% of Quadratic Capital Management LLC’s investment portfolio, making the stock its biggest holding. Quadratic Capital Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $384,084,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Founders Financial Alliance LLC grew its stake in shares of Schwab U.S. TIPS ETF by 392.8% in the 3rd quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock worth $26,000 after purchasing an additional 766 shares during the last quarter. Financial Consulate Inc. bought a new stake in shares of Schwab U.S. TIPS ETF in the 3rd quarter worth approximately $29,000. Olistico Wealth LLC acquired a new stake in Schwab U.S. TIPS ETF during the fourth quarter valued at approximately $30,000. Ameritas Investment Partners Inc. boosted its holdings in Schwab U.S. TIPS ETF by 83.9% during the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after buying an additional 547 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc grew its position in Schwab U.S. TIPS ETF by 35.3% in the third quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock worth $40,000 after buying an additional 383 shares during the last quarter.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised Schwab U.S. TIPS ETF to a “hold” rating in a report on Friday, December 5th.

Schwab U.S. TIPS ETF Stock Down 0.3%

Schwab U.S. TIPS ETF stock opened at $26.46 on Friday. Schwab U.S. TIPS ETF has a 52 week low of $25.83 and a 52 week high of $27.19. The company has a 50 day moving average price of $26.71 and a 200 day moving average price of $26.78.

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.