Osaic Holdings Inc. Purchases 59,134 Shares of Schwab U.S. TIPS ETF $SCHP

Osaic Holdings Inc. increased its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 17.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 407,018 shares of the company’s stock after buying an additional 59,134 shares during the period. Osaic Holdings Inc. owned about 0.08% of Schwab U.S. TIPS ETF worth $10,874,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Carter Financial Group INC. purchased a new position in Schwab U.S. TIPS ETF in the 2nd quarter worth approximately $374,000. Coppell Advisory Solutions LLC purchased a new position in shares of Schwab U.S. TIPS ETF during the second quarter valued at about $230,000. B. Riley Wealth Advisors Inc. purchased a new position in Schwab U.S. TIPS ETF during the 2nd quarter valued at approximately $612,000. Cape Investment Advisory Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 28.8% in the second quarter. Cape Investment Advisory Inc. now owns 1,944 shares of the company’s stock valued at $52,000 after purchasing an additional 435 shares in the last quarter. Finally, Tower Research Capital LLC TRC grew its holdings in shares of Schwab U.S. TIPS ETF by 308,781.5% in the second quarter. Tower Research Capital LLC TRC now owns 166,796 shares of the company’s stock valued at $4,450,000 after purchasing an additional 166,742 shares in the last quarter.

Analysts Set New Price Targets

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

Get Our Latest Stock Report on Schwab U.S. TIPS ETF

Schwab U.S. TIPS ETF Stock Performance

SCHP opened at $26.48 on Friday. The stock’s fifty day moving average is $26.86 and its two-hundred day moving average is $26.76. Schwab U.S. TIPS ETF has a 52 week low of $25.68 and a 52 week high of $27.19.

Schwab U.S. TIPS ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

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