Integrated Wealth Concepts LLC Increases Holdings in Schwab U.S. TIPS ETF $SCHP

Integrated Wealth Concepts LLC raised its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 11.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 1,964,331 shares of the company’s stock after purchasing an additional 208,846 shares during the quarter. Integrated Wealth Concepts LLC owned 0.31% of Schwab U.S. TIPS ETF worth $52,055,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. NewEdge Advisors LLC raised its position in Schwab U.S. TIPS ETF by 62.1% during the 2nd quarter. NewEdge Advisors LLC now owns 125,424 shares of the company’s stock valued at $3,324,000 after purchasing an additional 48,065 shares during the last quarter. IFP Advisors Inc increased its stake in shares of Schwab U.S. TIPS ETF by 12.1% during the second quarter. IFP Advisors Inc now owns 30,670 shares of the company’s stock valued at $813,000 after buying an additional 3,318 shares during the period. Allworth Financial LP increased its stake in shares of Schwab U.S. TIPS ETF by 22.4% during the second quarter. Allworth Financial LP now owns 16,011 shares of the company’s stock valued at $424,000 after buying an additional 2,927 shares during the period. Range Advisory LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 53.5% during the second quarter. Range Advisory LLC now owns 266,088 shares of the company’s stock valued at $7,051,000 after acquiring an additional 92,765 shares in the last quarter. Finally, Corient Private Wealth LP raised its holdings in shares of Schwab U.S. TIPS ETF by 33.7% during the second quarter. Corient Private Wealth LP now owns 20,387 shares of the company’s stock valued at $540,000 after acquiring an additional 5,134 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.1%

NYSEARCA:SCHP opened at $25.87 on Wednesday. The firm’s fifty day simple moving average is $26.05 and its 200 day simple moving average is $26.47. Schwab U.S. TIPS ETF has a twelve month low of $25.78 and a twelve month 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.