Schwab U.S. TIPS ETF $SCHP Stock Sold by Pictet Asset Management Holding SA

Pictet Asset Management Holding SA decreased its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 88.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 161,000 shares of the company’s stock after selling 1,291,500 shares during the period. Pictet Asset Management Holding SA’s holdings in Schwab U.S. TIPS ETF were worth $4,046,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Sei Investments Co. raised its stake in Schwab U.S. TIPS ETF by 5.3% during the 1st quarter. Sei Investments Co. now owns 12,955,292 shares of the company’s stock worth $344,741,000 after buying an additional 646,415 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Schwab U.S. TIPS ETF by 5.0% during the second quarter. Envestnet Asset Management Inc. now owns 6,295,573 shares of the company’s stock worth $166,833,000 after acquiring an additional 300,734 shares in the last quarter. Alesco Advisors LLC An ESL Co grew its stake in Schwab U.S. TIPS ETF by 2.8% in the first quarter. Alesco Advisors LLC An ESL Co now owns 6,121,252 shares of the company’s stock valued at $162,887,000 after acquiring an additional 164,878 shares during the period. Armstrong Advisory Group Inc. grew its stake in Schwab U.S. TIPS ETF by 2.9% in the third quarter. Armstrong Advisory Group Inc. now owns 3,629,675 shares of the company’s stock valued at $91,214,000 after acquiring an additional 102,157 shares during the period. Finally, State Street Corp increased its holdings in shares of Schwab U.S. TIPS ETF by 3.5% in the second quarter. State Street Corp now owns 2,958,188 shares of the company’s stock worth $78,392,000 after acquiring an additional 99,440 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.2%

Shares of Schwab U.S. TIPS ETF stock traded down $0.05 during trading hours on Friday, hitting $25.18. The company’s stock had a trading volume of 3,894,574 shares, compared to its average volume of 5,127,618. The stock has a 50 day moving average of $25.43 and a 200 day moving average of $26.23. Schwab U.S. TIPS ETF has a 12 month low of $25.01 and a 12 month high of $26.99.

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.