Kohmann Bosshard Financial Services LLC Raises Stock Position in Schwab U.S. TIPS ETF $SCHP

Kohmann Bosshard Financial Services LLC boosted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 5.0% in the first quarter, HoldingsChannel.com reports. The firm owned 1,431,353 shares of the company’s stock after buying an additional 68,715 shares during the period. Schwab U.S. TIPS ETF accounts for about 3.2% of Kohmann Bosshard Financial Services LLC’s investment portfolio, making the stock its 7th largest holding. Kohmann Bosshard Financial Services LLC’s holdings in Schwab U.S. TIPS ETF were worth $38,115,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Brighton Jones LLC lifted its holdings in Schwab U.S. TIPS ETF by 211.4% during the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock worth $541,000 after buying an additional 14,212 shares during the period. AQR Capital Management LLC raised its position in shares of Schwab U.S. TIPS ETF by 180.7% during the first quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock worth $2,049,000 after acquiring an additional 49,056 shares during the last quarter. State Street Corp lifted its stake in shares of Schwab U.S. TIPS ETF by 3.0% in the second quarter. State Street Corp now owns 2,599,691 shares of the company’s stock worth $69,360,000 after acquiring an additional 76,212 shares during the period. Main Street Financial Solutions LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 25.5% in the second quarter. Main Street Financial Solutions LLC now owns 11,390 shares of the company’s stock worth $304,000 after acquiring an additional 2,312 shares during the period. Finally, Alliancebernstein L.P. boosted its holdings in Schwab U.S. TIPS ETF by 2.9% in the second quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock valued at $209,004,000 after acquiring an additional 223,281 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.4%

Shares of SCHP stock opened at $26.50 on Wednesday. The business’s 50 day simple moving average is $26.66 and its 200 day simple moving average is $26.66. Schwab U.S. TIPS ETF has a one year low of $26.37 and a one year high of $27.19.

Schwab U.S. TIPS ETF 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.