Larson Financial Group LLC Grows Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Larson Financial Group LLC lifted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 23.8% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,178 shares of the company’s stock after purchasing an additional 610 shares during the quarter. Larson Financial Group LLC’s holdings in Schwab U.S. TIPS ETF were worth $166,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Charles Schwab Investment Advisory Inc. raised its position in shares of Schwab U.S. TIPS ETF by 1.9% in the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 17,277,796 shares of the company’s stock valued at $872,356,000 after purchasing an additional 314,855 shares during the last quarter. Quadratic Capital Management LLC raised its position in shares of Schwab U.S. TIPS ETF by 1.1% in the 4th quarter. Quadratic Capital Management LLC now owns 14,432,753 shares of the company’s stock valued at $753,390,000 after purchasing an additional 153,669 shares during the last quarter. Cerity Partners LLC raised its position in shares of Schwab U.S. TIPS ETF by 327.1% in the 4th quarter. Cerity Partners LLC now owns 13,385,973 shares of the company’s stock valued at $698,748,000 after purchasing an additional 10,251,581 shares during the last quarter. Empower Advisory Group LLC raised its position in shares of Schwab U.S. TIPS ETF by 24.9% in the 3rd quarter. Empower Advisory Group LLC now owns 12,524,783 shares of the company’s stock valued at $632,376,000 after purchasing an additional 2,499,508 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its position in shares of Schwab U.S. TIPS ETF by 8.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,306,113 shares of the company’s stock valued at $368,886,000 after purchasing an additional 566,822 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.2 %

Shares of Schwab U.S. TIPS ETF stock opened at $51.28 on Thursday. The company has a 50 day moving average price of $51.72 and a 200 day moving average price of $51.46. Schwab U.S. TIPS ETF has a 52 week low of $49.50 and a 52 week high of $53.92.

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.