Schwab U.S. TIPs ETF (NYSEARCA:SCHP) is NextCapital Advisers Inc.’s 6th Largest Position

NextCapital Advisers Inc. increased its stake in Schwab U.S. TIPs ETF (NYSEARCA:SCHP) by 30.6% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 975,430 shares of the company’s stock after acquiring an additional 228,822 shares during the quarter. Schwab U.S. TIPs ETF makes up about 4.3% of NextCapital Advisers Inc.’s portfolio, making the stock its 6th biggest holding. NextCapital Advisers Inc. owned 0.79% of Schwab U.S. TIPs ETF worth $54,887,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. US Bancorp DE boosted its stake in Schwab U.S. TIPs ETF by 2.6% during the 1st quarter. US Bancorp DE now owns 3,708,931 shares of the company’s stock worth $203,990,000 after purchasing an additional 93,515 shares during the last quarter. Joseph P. Lucia & Associates LLC acquired a new stake in Schwab U.S. TIPs ETF during the 1st quarter worth $47,771,000. Assetmark Inc. boosted its stake in Schwab U.S. TIPs ETF by 548.1% during the 1st quarter. Assetmark Inc. now owns 1,258,078 shares of the company’s stock worth $69,194,000 after purchasing an additional 1,063,958 shares during the last quarter. Wells Fargo & Company MN boosted its stake in Schwab U.S. TIPs ETF by 1.9% during the 1st quarter. Wells Fargo & Company MN now owns 934,014 shares of the company’s stock worth $51,371,000 after purchasing an additional 17,286 shares during the last quarter. Finally, Morningstar Investment Services LLC boosted its stake in Schwab U.S. TIPs ETF by 1.1% during the 1st quarter. Morningstar Investment Services LLC now owns 737,879 shares of the company’s stock worth $40,583,000 after purchasing an additional 8,382 shares during the last quarter.

SCHP traded down $0.07 on Tuesday, hitting $57.08. 3,956 shares of the company’s stock were exchanged, compared to its average volume of 562,050. Schwab U.S. TIPs ETF has a fifty-two week low of $52.75 and a fifty-two week high of $57.19. The firm’s 50-day simple moving average is $56.28.

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

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