Independent Advisor Alliance Acquires 21,572 Shares of Schwab U.S. TIPS ETF $SCHP

Independent Advisor Alliance lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 148.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 36,103 shares of the company’s stock after acquiring an additional 21,572 shares during the quarter. Independent Advisor Alliance’s holdings in Schwab U.S. TIPS ETF were worth $956,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Wealthfront Advisers LLC raised its position in shares of Schwab U.S. TIPS ETF by 11.6% during the third quarter. Wealthfront Advisers LLC now owns 35,688,247 shares of the company’s stock worth $961,798,000 after acquiring an additional 3,718,170 shares during the last quarter. US Bancorp DE grew its stake in shares of Schwab U.S. TIPS ETF by 899.8% during the third quarter. US Bancorp DE now owns 16,265,679 shares of the company’s stock worth $438,361,000 after purchasing an additional 14,638,820 shares during the period. Quadratic Capital Management LLC grew its stake in shares of Schwab U.S. TIPS ETF by 23.2% during the fourth quarter. Quadratic Capital Management LLC now owns 14,499,201 shares of the company’s stock worth $384,084,000 after purchasing an additional 2,732,156 shares during the period. JPMorgan Chase & Co. grew its stake in shares of Schwab U.S. TIPS ETF by 3.9% during the third quarter. JPMorgan Chase & Co. now owns 14,174,158 shares of the company’s stock worth $381,994,000 after purchasing an additional 531,185 shares during the period. Finally, Sei Investments Co. grew its stake in shares of Schwab U.S. TIPS ETF by 4.0% during the third 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.

Schwab U.S. TIPS ETF Stock Down 0.4%

Shares of Schwab U.S. TIPS ETF stock opened at $26.66 on Friday. Schwab U.S. TIPS ETF has a 12 month low of $26.20 and a 12 month high of $27.19. The business has a fifty day simple moving average of $26.75 and a 200 day simple moving average of $26.73.

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.