Schwab U.S. TIPS ETF $SCHP Stock Holdings Reduced by Jasper Ridge Partners L.P.

Jasper Ridge Partners L.P. reduced its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.6% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,290,550 shares of the company’s stock after selling 518,323 shares during the period. Schwab U.S. TIPS ETF comprises about 4.9% of Jasper Ridge Partners L.P.’s holdings, making the stock its 5th largest position. Jasper Ridge Partners L.P. owned approximately 1.45% of Schwab U.S. TIPS ETF worth $194,512,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Mogy Joel R Investment Counsel Inc. acquired a new position in Schwab U.S. TIPS ETF in the second quarter worth approximately $32,000. Bessemer Group Inc. acquired a new stake in Schwab U.S. TIPS ETF in the second quarter valued at approximately $32,000. Hantz Financial Services Inc. acquired a new stake in Schwab U.S. TIPS ETF in the second quarter valued at approximately $35,000. Bogart Wealth LLC grew its position in Schwab U.S. TIPS ETF by 64.1% in the second quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock worth $38,000 after acquiring an additional 551 shares in the last quarter. Finally, Horizon Bancorp Inc. IN bought a new stake in Schwab U.S. TIPS ETF in the second quarter worth approximately $43,000.

Wall Street Analyst Weigh In

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

Schwab U.S. TIPS ETF Stock Up 0.3%

SCHP opened at $26.71 on Thursday. The stock’s 50 day moving average price is $26.90 and its two-hundred day moving average price is $26.75. Schwab U.S. TIPS ETF has a 12-month low of $25.68 and a 12-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.