19,257 Shares in Schwab U.S. TIPS ETF $SCHP Bought by Hsbc Holdings PLC

Hsbc Holdings PLC acquired a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,257 shares of the company’s stock, valued at approximately $512,000.

A number of other institutional investors also recently bought and sold shares of the company. Cerity Partners LLC grew its stake in shares of Schwab U.S. TIPS ETF by 11.2% during the 4th quarter. Cerity Partners LLC now owns 9,291,730 shares of the company’s stock valued at $246,138,000 after purchasing an additional 936,063 shares during the period. Evoke Wealth LLC increased its position in shares of Schwab U.S. TIPS ETF by 16.5% during the 4th quarter. Evoke Wealth LLC now owns 9,032,516 shares of the company’s stock valued at $239,272,000 after purchasing an additional 1,281,394 shares during the last quarter. CENTRAL TRUST Co lifted its stake in shares of Schwab U.S. TIPS ETF by 5.5% in 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 period. Alliancebernstein L.P. lifted its stake in shares of Schwab U.S. TIPS ETF by 2.9% in the 2nd quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock worth $209,004,000 after purchasing an additional 223,281 shares during the period. Finally, Nepc LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 64.9% in the 4th quarter. Nepc LLC now owns 7,572,111 shares of the company’s stock worth $200,585,000 after purchasing an additional 2,980,022 shares during the period.

Schwab U.S. TIPS ETF Price Performance

SCHP opened at $26.09 on Friday. The company’s 50 day moving average is $26.39 and its 200 day moving average is $26.60. Schwab U.S. TIPS ETF has a 12-month low of $26.03 and a 12-month high of $27.19.

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.