Private Advisor Group LLC Increases Position in Schwab U.S. TIPS ETF $SCHP

Private Advisor Group LLC increased its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 109.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 452,436 shares of the company’s stock after purchasing an additional 235,949 shares during the quarter. Private Advisor Group LLC owned 0.08% of Schwab U.S. TIPS ETF worth $12,039,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Schwab U.S. TIPS ETF by 211.4% during the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after buying an additional 14,212 shares in the last quarter. AQR Capital Management LLC grew its stake in Schwab U.S. TIPS ETF by 180.7% in the 1st quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock valued at $2,049,000 after acquiring an additional 49,056 shares during the period. State Street Corp increased its holdings in Schwab U.S. TIPS ETF by 3.0% in the 2nd quarter. State Street Corp now owns 2,599,691 shares of the company’s stock worth $69,360,000 after acquiring an additional 76,212 shares in the last quarter. Main Street Financial Solutions LLC increased its holdings in Schwab U.S. TIPS ETF by 25.5% in the 2nd quarter. Main Street Financial Solutions LLC now owns 11,390 shares of the company’s stock worth $304,000 after acquiring an additional 2,312 shares in the last quarter. Finally, Alliancebernstein L.P. raised its position in Schwab U.S. TIPS ETF by 2.9% during the second quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock worth $209,004,000 after acquiring an additional 223,281 shares during the period.

Schwab U.S. TIPS ETF Price Performance

SCHP opened at $26.29 on Friday. Schwab U.S. TIPS ETF has a 52-week low of $26.23 and a 52-week high of $27.19. The firm’s fifty day simple moving average is $26.63 and its two-hundred day simple moving average is $26.66.

Schwab U.S. TIPS ETF Profile

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.