Garde Capital Inc. Boosts Stake in Schwab U.S. TIPS ETF $SCHP

Garde Capital Inc. lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 12.3% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,173,047 shares of the company’s stock after buying an additional 128,355 shares during the period. Schwab U.S. TIPS ETF makes up approximately 1.5% of Garde Capital Inc.’s portfolio, making the stock its 16th biggest holding. Garde Capital Inc. owned 0.21% of Schwab U.S. TIPS ETF worth $31,614,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of SCHP. Wealthfront Advisers LLC boosted its position in Schwab U.S. TIPS ETF by 11.6% in the third quarter. Wealthfront Advisers LLC now owns 35,688,247 shares of the company’s stock worth $961,798,000 after purchasing an additional 3,718,170 shares during the last quarter. US Bancorp DE increased its position in shares of Schwab U.S. TIPS ETF by 899.8% during the 3rd quarter. US Bancorp DE now owns 16,265,679 shares of the company’s stock valued at $438,361,000 after purchasing an additional 14,638,820 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Schwab U.S. TIPS ETF by 3.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,174,158 shares of the company’s stock valued at $381,994,000 after purchasing an additional 531,185 shares during the last quarter. Sei Investments Co. raised its stake in shares of Schwab U.S. TIPS ETF by 4.0% during the 3rd quarter. Sei Investments Co. now owns 11,824,350 shares of the company’s stock worth $318,667,000 after purchasing an additional 458,736 shares during the period. Finally, Quadratic Capital Management LLC raised its stake in shares of Schwab U.S. TIPS ETF by 32.3% during the 3rd quarter. Quadratic Capital Management LLC now owns 11,767,045 shares of the company’s stock worth $317,122,000 after purchasing an additional 2,870,303 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of Schwab U.S. TIPS ETF stock opened at $26.81 on Thursday. Schwab U.S. TIPS ETF has a 52-week low of $25.83 and a 52-week high of $27.19. The stock’s 50-day simple moving average is $26.71 and its 200 day simple moving average is $26.80.

Wall Street Analysts Forecast Growth

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

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.