Wealthspire Advisors LLC Buys 244,295 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Wealthspire Advisors LLC raised its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 99.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 490,414 shares of the company’s stock after buying an additional 244,295 shares during the period. Wealthspire Advisors LLC owned about 0.23% of Schwab U.S. TIPS ETF worth $12,667,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Empower Advisory Group LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 116.0% during the 4th quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock valued at $989,317,000 after purchasing an additional 20,565,226 shares during the last quarter. Quadratic Capital Management LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 24.5% during 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 during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Schwab U.S. TIPS ETF by 17.1% during 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. CENTRAL TRUST Co grew its holdings in shares of Schwab U.S. TIPS ETF by 92.2% during the 4th quarter. CENTRAL TRUST Co now owns 5,872,188 shares of the company’s stock valued at $151,679,000 after purchasing an additional 2,817,586 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 19.8% during the 3rd 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 last quarter.

Schwab U.S. TIPS ETF Stock Up 0.3 %

SCHP stock opened at $26.39 on Friday. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $26.96. The firm’s fifty day moving average is $26.01 and its 200 day moving average is $26.30.

Schwab U.S. TIPS ETF Company 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.