Alesco Advisors LLC Has $132.62 Million Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Alesco Advisors LLC grew its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 4.5% in the 4th quarter, Holdings Channel.com reports. The fund owned 2,540,646 shares of the company’s stock after purchasing an additional 109,195 shares during the quarter. Schwab U.S. TIPS ETF makes up 4.7% of Alesco Advisors LLC’s holdings, making the stock its 5th largest holding. Alesco Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $132,622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of SCHP. Strategic Blueprint LLC acquired a new stake in Schwab U.S. TIPS ETF in the 3rd quarter valued at about $632,000. Intergy Private Wealth LLC lifted its position in Schwab U.S. TIPS ETF by 2.9% during the third quarter. Intergy Private Wealth LLC now owns 22,585 shares of the company’s stock worth $1,140,000 after acquiring an additional 634 shares during the last quarter. Blue Fin Capital Inc. lifted its position in Schwab U.S. TIPS ETF by 16.3% during the third quarter. Blue Fin Capital Inc. now owns 28,452 shares of the company’s stock worth $1,437,000 after acquiring an additional 3,983 shares during the last quarter. Simplicity Wealth LLC acquired a new stake in Schwab U.S. TIPS ETF during the third quarter worth approximately $399,000. Finally, U.S. Capital Wealth Advisors LLC lifted its position in Schwab U.S. TIPS ETF by 48.9% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 34,662 shares of the company’s stock worth $1,750,000 after acquiring an additional 11,388 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.2 %

SCHP stock traded up $0.12 during mid-day trading on Friday, hitting $51.33. 1,513,180 shares of the company were exchanged, compared to its average volume of 1,242,660. The business has a 50 day simple moving average of $51.71 and a 200-day simple moving average of $51.47. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $53.83.

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.