Client 1ST Advisory Group LLC Acquires Shares of 10,546 Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Client 1ST Advisory Group LLC bought a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the fourth quarter, Holdings Channel.com reports. The fund bought 10,546 shares of the company’s stock, valued at approximately $272,000.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Quadratic Capital Management LLC increased its position in Schwab U.S. TIPS ETF by 24.5% during the fourth quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock worth $367,692,000 after buying an additional 2,803,683 shares during the period. Cerity Partners OCIO LLC acquired a new position in shares of Schwab U.S. TIPS ETF in the 2nd quarter valued at $130,469,000. JPMorgan Chase & Co. raised its position in Schwab U.S. TIPS ETF by 17.1% in the 3rd quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock valued at $534,806,000 after purchasing an additional 1,458,886 shares during the last quarter. Greenline Partners LLC acquired a new stake in Schwab U.S. TIPS ETF during the 2nd quarter worth $45,303,000. Finally, Stephens Group Asset Management LLC grew its position in Schwab U.S. TIPS ETF by 105.9% during the 4th quarter. Stephens Group Asset Management LLC now owns 1,696,759 shares of the company’s stock worth $43,827,000 after purchasing an additional 872,511 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP opened at $25.95 on Monday. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96. The firm’s fifty day moving average is $26.05 and its two-hundred day moving average is $26.30.

About Schwab U.S. TIPS ETF

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.