Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Sold by US Bancorp DE

US Bancorp DE lessened its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 14.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,028,325 shares of the company’s stock after selling 179,931 shares during the period. US Bancorp DE owned approximately 0.49% of Schwab U.S. TIPS ETF worth $53,637,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in SCHP. Charles Schwab Investment Advisory Inc. boosted its position in Schwab U.S. TIPS ETF by 1.4% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 17,525,815 shares of the company’s stock worth $914,848,000 after purchasing an additional 248,019 shares during the period. Quadratic Capital Management LLC grew its stake in shares of 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 raised its holdings in shares of Schwab U.S. TIPS ETF by 327.1% during the 4th 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 during the period. Sei Investments Co. lifted its position in Schwab U.S. TIPS ETF by 1.5% during the 1st quarter. Sei Investments Co. now owns 5,321,158 shares of the company’s stock worth $277,552,000 after acquiring an additional 76,063 shares in the last quarter. Finally, CENTRAL TRUST Co boosted its holdings in Schwab U.S. TIPS ETF by 11.6% in the 1st quarter. CENTRAL TRUST Co now owns 2,580,233 shares of the company’s stock worth $134,585,000 after acquiring an additional 268,632 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.3 %

Shares of Schwab U.S. TIPS ETF stock traded up $0.18 during trading hours on Tuesday, hitting $52.49. 837,157 shares of the company’s stock traded hands, compared to its average volume of 1,246,918. Schwab U.S. TIPS ETF has a twelve month low of $49.50 and a twelve month high of $52.71. The stock has a 50 day simple moving average of $51.92 and a 200-day simple moving average of $51.82.

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.