Truist Financial Corp Trims Stake in Schwab U.S. TIPs ETF (NYSEARCA:SCHP)


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Truist Financial Corp lowered its holdings in Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 9.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 107,211 shares of the company’s stock after selling 10,971 shares during the quarter. Truist Financial Corp’s holdings in Schwab U.S. TIPs ETF were worth $6,656,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the business. Quadratic Capital Management LLC purchased a new stake in shares of Schwab U.S. TIPs ETF in the 4th quarter valued at $835,993,000. M&T Bank Corp purchased a new stake in shares of Schwab U.S. TIPs ETF in the 4th quarter valued at $48,822,000. NextCapital Advisers Inc. raised its holdings in shares of Schwab U.S. TIPs ETF by 55.6% in the 4th quarter. NextCapital Advisers Inc. now owns 2,189,429 shares of the company’s stock valued at $135,525,000 after buying an additional 782,186 shares during the period. NinePointTwo Capital purchased a new stake in shares of Schwab U.S. TIPs ETF in the 4th quarter valued at $42,126,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in Schwab U.S. TIPs ETF by 72.1% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,395,287 shares of the company’s stock worth $86,620,000 after purchasing an additional 584,686 shares during the period.

Shares of NYSEARCA SCHP opened at $61.13 on Thursday. The stock’s 50-day moving average is $61.16 and its two-hundred day moving average is $61.52. Schwab U.S. TIPs ETF has a 1-year low of $58.30 and a 1-year high of $62.39.

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

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