Schwab U.S. TIPS ETF $SCHP Holdings Lifted by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,354,235 shares of the company’s stock after purchasing an additional 30,894 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $59,162,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Lincoln National Corp boosted its position in Schwab U.S. TIPS ETF by 180.0% in the first quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock valued at $237,038,000 after buying an additional 5,726,082 shares during the last quarter. Baldwin Wealth Partners LLC MA acquired a new position in Schwab U.S. TIPS ETF in the 3rd quarter worth approximately $39,649,000. Pictet Asset Management Holding SA raised its position in Schwab U.S. TIPS ETF by 1,764.9% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,267,000 shares of the company’s stock worth $33,715,000 after buying an additional 1,199,060 shares during the last quarter. Avior Wealth Management LLC purchased a new position in Schwab U.S. TIPS ETF during the 3rd quarter worth approximately $27,214,000. Finally, Assetmark Inc. raised its position in Schwab U.S. TIPS ETF by 39.1% during the 1st quarter. Assetmark Inc. now owns 2,687,120 shares of the company’s stock worth $71,504,000 after buying an additional 755,117 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP traded up $0.04 on Tuesday, hitting $25.41. 1,799,376 shares of the company’s stock traded hands, compared to its average volume of 4,805,883. Schwab U.S. TIPS ETF has a 1-year low of $25.01 and a 1-year high of $27.15. The firm’s 50-day moving average price is $25.59 and its two-hundred day moving average price is $26.18.

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.