Vestmark Advisory Solutions Inc. Purchases 20,468 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Vestmark Advisory Solutions Inc. increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 201.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 30,615 shares of the company’s stock after acquiring an additional 20,468 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in Schwab U.S. TIPS ETF were worth $1,598,000 as of its most recent SEC filing.

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

Schwab U.S. TIPS ETF Stock Performance

SCHP traded up $0.02 during trading hours on Monday, hitting $51.53. 37,406 shares of the company’s stock were exchanged, compared to its average volume of 1,241,417. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $53.59. The stock’s 50-day moving average is $51.69 and its two-hundred day moving average is $51.52.

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.