Quadratic Capital Management LLC Has $317.12 Million Stake in Schwab U.S. TIPS ETF $SCHP

Quadratic Capital Management LLC boosted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 32.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,767,045 shares of the company’s stock after buying an additional 2,870,303 shares during the quarter. Schwab U.S. TIPS ETF makes up approximately 98.1% of Quadratic Capital Management LLC’s investment portfolio, making the stock its largest position. Quadratic Capital Management LLC owned approximately 2.18% of Schwab U.S. TIPS ETF worth $317,122,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SCHP. Mogy Joel R Investment Counsel Inc. bought a new stake in shares of Schwab U.S. TIPS ETF in the second quarter valued at about $32,000. Bessemer Group Inc. acquired a new stake in Schwab U.S. TIPS ETF in the 2nd quarter worth about $32,000. Hantz Financial Services Inc. acquired a new stake in Schwab U.S. TIPS ETF in the 2nd quarter worth about $35,000. Bogart Wealth LLC boosted its holdings in Schwab U.S. TIPS ETF by 64.1% in the 2nd quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock valued at $38,000 after purchasing an additional 551 shares during the period. Finally, Horizon Bancorp Inc. IN acquired a new position in shares of Schwab U.S. TIPS ETF during the 2nd quarter worth approximately $43,000.

Schwab U.S. TIPS ETF Stock Down 0.9%

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

Analyst Ratings Changes

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

Read Our Latest Research Report on SCHP

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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