Schwab U.S. TIPS ETF $SCHP Shares Acquired by Navalign LLC

Navalign LLC boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 5.0% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 692,714 shares of the company’s stock after purchasing an additional 32,684 shares during the quarter. Schwab U.S. TIPS ETF comprises 4.6% of Navalign LLC’s holdings, making the stock its 7th largest holding. Navalign LLC’s holdings in Schwab U.S. TIPS ETF were worth $18,433,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of SCHP. Quadratic Capital Management LLC grew its position in shares of Schwab U.S. TIPS ETF by 23.2% during the 4th quarter. Quadratic Capital Management LLC now owns 14,499,201 shares of the company’s stock worth $384,084,000 after buying an additional 2,732,156 shares during the period. Sei Investments Co. lifted its position in shares of Schwab U.S. TIPS ETF by 4.0% during the 3rd quarter. Sei Investments Co. now owns 11,824,350 shares of the company’s stock valued at $318,667,000 after acquiring an additional 458,736 shares during the period. Cerity Partners LLC boosted its stake in Schwab U.S. TIPS ETF by 11.2% during the fourth quarter. Cerity Partners LLC now owns 9,291,730 shares of the company’s stock worth $246,138,000 after acquiring an additional 936,063 shares in the last quarter. Evoke Wealth LLC boosted its stake in Schwab U.S. TIPS ETF by 16.5% during the fourth quarter. Evoke Wealth LLC now owns 9,032,516 shares of the company’s stock worth $239,272,000 after acquiring an additional 1,281,394 shares in the last quarter. Finally, CENTRAL TRUST Co grew its holdings in Schwab U.S. TIPS ETF by 5.5% in the first quarter. CENTRAL TRUST Co now owns 8,055,215 shares of the company’s stock worth $214,349,000 after purchasing an additional 421,678 shares during the period.

Schwab U.S. TIPS ETF Stock Down 0.2%

SCHP opened at $26.24 on Wednesday. The company has a fifty day moving average price of $26.60 and a two-hundred day moving average price of $26.65. Schwab U.S. TIPS ETF has a 1-year low of $26.22 and a 1-year high of $27.19.

Schwab U.S. TIPS ETF 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.