Curbstone Financial Management Corp trimmed its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 4.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 189,670 shares of the company’s stock after selling 9,850 shares during the period. Schwab U.S. TIPS ETF comprises 1.0% of Curbstone Financial Management Corp’s investment portfolio, making the stock its 22nd largest position. Curbstone Financial Management Corp’s holdings in Schwab U.S. TIPS ETF were worth $5,060,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Empower Advisory Group LLC raised its holdings in Schwab U.S. TIPS ETF by 6.2% in the first quarter. Empower Advisory Group LLC now owns 40,669,805 shares of the company’s stock valued at $1,093,611,000 after acquiring an additional 2,368,720 shares in the last quarter. Wealthfront Advisers LLC grew its position in Schwab U.S. TIPS ETF by 26.9% in the 1st quarter. Wealthfront Advisers LLC now owns 28,220,930 shares of the company’s stock valued at $758,861,000 after buying an additional 5,986,682 shares in the last quarter. JPMorgan Chase & Co. grew its position in Schwab U.S. TIPS ETF by 1,240.8% in the 1st quarter. JPMorgan Chase & Co. now owns 17,556,656 shares of the company’s stock valued at $472,102,000 after buying an additional 16,247,258 shares in the last quarter. Municipal Employees Retirement System of Michigan grew its position in Schwab U.S. TIPS ETF by 5.4% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 16,401,227 shares of the company’s stock valued at $441,029,000 after buying an additional 835,548 shares in the last quarter. Finally, Jasper Ridge Partners L.P. lifted its holdings in Schwab U.S. TIPS ETF by 3.8% in the 1st quarter. Jasper Ridge Partners L.P. now owns 7,808,873 shares of the company’s stock valued at $209,981,000 after acquiring an additional 289,378 shares during the last quarter.
Schwab U.S. TIPS ETF Trading Down 0.1%
Shares of SCHP opened at $27.03 on Friday. Schwab U.S. TIPS ETF has a one year low of $25.68 and a one year high of $27.19. The company has a 50-day moving average of $26.91 and a two-hundred day moving average of $26.64.
Schwab U.S. TIPS ETF Company 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.
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