Prime Capital Investment Advisors LLC increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 4.1% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,141,039 shares of the company’s stock after buying an additional 84,757 shares during the period. Prime Capital Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $56,716,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of SCHP. Brighton Jones LLC raised its stake in 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 buying an additional 14,212 shares during the last quarter. AQR Capital Management LLC raised its stake in 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 buying an additional 49,056 shares during the last quarter. SVB Wealth LLC bought a new position in Schwab U.S. TIPS ETF during the second quarter worth $337,000. Sentinus LLC bought a new position in Schwab U.S. TIPS ETF during the second quarter worth $283,000. Finally, State Street Corp raised its stake in 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 buying an additional 76,212 shares during the last quarter.
Schwab U.S. TIPS ETF Price Performance
Shares of NYSEARCA SCHP opened at $26.70 on Thursday. Schwab U.S. TIPS ETF has a twelve month low of $25.83 and a twelve month high of $27.19. The firm has a fifty day simple moving average of $26.73 and a 200 day simple moving average of $26.76.
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.
Read More
Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
Receive News & Ratings for Schwab U.S. TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.
