Bfsg LLC Raises Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Bfsg LLC boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 108.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 317,499 shares of the company’s stock after acquiring an additional 165,177 shares during the quarter. Schwab U.S. TIPS ETF accounts for 1.0% of Bfsg LLC’s holdings, making the stock its 24th largest position. Bfsg LLC owned approximately 0.15% of Schwab U.S. TIPS ETF worth $8,201,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of SCHP. Empower Advisory Group LLC raised its position in shares of Schwab U.S. TIPS ETF by 116.0% in the fourth quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock worth $989,317,000 after acquiring an additional 20,565,226 shares during the period. Quadratic Capital Management LLC increased its stake in shares of Schwab U.S. TIPS ETF by 24.5% in the 4th quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock valued at $367,692,000 after purchasing an additional 2,803,683 shares in the last quarter. JPMorgan Chase & Co. raised its holdings 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 worth $534,806,000 after purchasing an additional 1,458,886 shares during the period. CENTRAL TRUST Co boosted its position in Schwab U.S. TIPS ETF by 92.2% during the fourth quarter. CENTRAL TRUST Co now owns 5,872,188 shares of the company’s stock worth $151,679,000 after purchasing an additional 2,817,586 shares in the last quarter. Finally, Cerity Partners LLC grew its holdings in Schwab U.S. TIPS ETF by 19.8% in the third quarter. Cerity Partners LLC now owns 3,922,743 shares of the company’s stock valued at $210,377,000 after purchasing an additional 648,333 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.30 on Tuesday. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $26.96. The business has a 50 day simple moving average of $26.01 and a 200-day simple moving average of $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.