Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Short Interest Update

Schwab U.S. TIPS ETF (NYSEARCA:SCHP) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 761,856 shares, a decrease of 87.9% from the May 14th total of 6,294,949 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 4,442,408 shares, the short-interest ratio is presently 0.2 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Brighton Jones LLC increased its stake in shares of Schwab U.S. TIPS ETF by 211.4% during the fourth quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock worth $541,000 after purchasing an additional 14,212 shares in the last quarter. AQR Capital Management LLC increased its stake in shares of Schwab U.S. TIPS ETF by 180.7% during the first quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock worth $2,049,000 after purchasing an additional 49,056 shares in the last quarter. State Street Corp increased its stake in shares of Schwab U.S. TIPS ETF by 3.0% during the second quarter. State Street Corp now owns 2,599,691 shares of the company’s stock worth $69,360,000 after purchasing an additional 76,212 shares in the last quarter. Main Street Financial Solutions LLC increased its stake in shares of Schwab U.S. TIPS ETF by 25.5% during the second quarter. Main Street Financial Solutions LLC now owns 11,390 shares of the company’s stock worth $304,000 after purchasing an additional 2,312 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in shares of 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 purchasing an additional 223,281 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.2%

Shares of Schwab U.S. TIPS ETF stock traded down $0.04 during trading hours on Wednesday, reaching $26.44. The stock had a trading volume of 2,921,126 shares, compared to its average volume of 4,398,340. The stock’s 50 day moving average is $26.72 and its 200 day moving average is $26.70. Schwab U.S. TIPS ETF has a twelve month low of $26.23 and a twelve month high of $27.19.

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.