Financial Architects LLC Grows Holdings in Schwab U.S. TIPS ETF $SCHP

Financial Architects LLC raised its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,521,680 shares of the company’s stock after purchasing an additional 87,110 shares during the quarter. Schwab U.S. TIPS ETF makes up about 21.4% of Financial Architects LLC’s holdings, making the stock its biggest holding. Financial Architects LLC’s holdings in Schwab U.S. TIPS ETF were worth $40,492,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. US Bancorp DE boosted its stake in shares of Schwab U.S. TIPS ETF by 899.8% during the 3rd quarter. US Bancorp DE now owns 16,265,679 shares of the company’s stock valued at $438,361,000 after purchasing an additional 14,638,820 shares in the last quarter. Quadratic Capital Management LLC raised its stake 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 worth $384,084,000 after buying an additional 2,732,156 shares in the last quarter. Sei Investments Co. lifted its holdings in Schwab U.S. TIPS ETF by 4.0% in the third quarter. Sei Investments Co. now owns 11,824,350 shares of the company’s stock worth $318,667,000 after buying an additional 458,736 shares during the period. Cerity Partners LLC lifted its holdings in Schwab U.S. TIPS ETF by 11.2% in the fourth quarter. Cerity Partners LLC now owns 9,291,730 shares of the company’s stock worth $246,138,000 after buying an additional 936,063 shares during the period. Finally, Evoke Wealth LLC boosted its position in Schwab U.S. TIPS ETF by 16.5% during the 4th quarter. Evoke Wealth LLC now owns 9,032,516 shares of the company’s stock valued at $239,272,000 after acquiring an additional 1,281,394 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP opened at $26.52 on Friday. Schwab U.S. TIPS ETF has a 52 week low of $26.37 and a 52 week high of $27.19. The business has a 50 day moving average of $26.67 and a 200-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.