Diversified Enterprises LLC Acquires 94,396 Shares of Schwab U.S. TIPS ETF $SCHP

Diversified Enterprises LLC grew its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,655,942 shares of the company’s stock after purchasing an additional 94,396 shares during the quarter. Schwab U.S. TIPS ETF comprises about 2.6% of Diversified Enterprises LLC’s investment portfolio, making the stock its 9th largest position. Diversified Enterprises LLC’s holdings in Schwab U.S. TIPS ETF were worth $43,866,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of SCHP. US Bancorp DE lifted its stake in shares of Schwab U.S. TIPS ETF by 899.8% during the third quarter. US Bancorp DE now owns 16,265,679 shares of the company’s stock valued at $438,361,000 after acquiring an additional 14,638,820 shares during the period. Adventist Health System Sunbelt Healthcare Corp boosted its holdings in Schwab U.S. TIPS ETF by 29,954.5% in the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 4,628,695 shares of the company’s stock valued at $124,743,000 after acquiring an additional 4,613,294 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its holdings in Schwab U.S. TIPS ETF by 9,813.6% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 3,918,443 shares of the company’s stock valued at $105,602,000 after acquiring an additional 3,878,917 shares during the last quarter. Wealthfront Advisers LLC boosted its holdings in Schwab U.S. TIPS ETF by 11.6% in the third quarter. Wealthfront Advisers LLC now owns 35,688,247 shares of the company’s stock valued at $961,798,000 after acquiring an additional 3,718,170 shares during the last quarter. Finally, Quadratic Capital Management LLC boosted its holdings in Schwab U.S. TIPS ETF by 23.2% in the fourth quarter. Quadratic Capital Management LLC now owns 14,499,201 shares of the company’s stock valued at $384,084,000 after acquiring an additional 2,732,156 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.2%

Schwab U.S. TIPS ETF stock opened at $26.87 on Friday. The business’s 50-day simple moving average is $26.76 and its 200 day simple moving average is $26.75. Schwab U.S. TIPS ETF has a 12-month low of $26.20 and a 12-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.