Schwab U.S. TIPS ETF $SCHP Shares Acquired by Foster & Motley Inc.

Foster & Motley Inc. increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 8.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 982,470 shares of the company’s stock after purchasing an additional 78,870 shares during the period. Schwab U.S. TIPS ETF accounts for about 1.3% of Foster & Motley Inc.’s investment portfolio, making the stock its 16th largest holding. Foster & Motley Inc. owned 0.17% of Schwab U.S. TIPS ETF worth $26,144,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 211.4% in the fourth quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after buying an additional 14,212 shares during the period. AQR Capital Management LLC grew its holdings 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 acquiring an additional 49,056 shares during the period. State Street Corp grew its holdings 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 acquiring an additional 76,212 shares during the period. Main Street Financial Solutions LLC raised its position in Schwab U.S. TIPS ETF by 25.5% in the second quarter. Main Street Financial Solutions LLC now owns 11,390 shares of the company’s stock worth $304,000 after acquiring an additional 2,312 shares in the last quarter. Finally, Alliancebernstein L.P. raised its position in Schwab U.S. TIPS ETF by 2.9% in the second quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock worth $209,004,000 after acquiring an additional 223,281 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $26.52 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $26.37 and a twelve month high of $27.19. The firm has a 50-day moving average of $26.67 and a two-hundred day moving average of $26.67.

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.