Sensible Financial Planning & Management LLC. Raises Stock Holdings in Schwab U.S. TIPS ETF $SCHP

Sensible Financial Planning & Management LLC. boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2.2% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,088,558 shares of the company’s stock after purchasing an additional 66,563 shares during the period. Schwab U.S. TIPS ETF accounts for about 15.1% of Sensible Financial Planning & Management LLC.’s portfolio, making the stock its biggest holding. Sensible Financial Planning & Management LLC.’s holdings in Schwab U.S. TIPS ETF were worth $83,237,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in SCHP. Empower Advisory Group LLC increased its stake in shares of Schwab U.S. TIPS ETF by 4.9% in the second quarter. Empower Advisory Group LLC now owns 42,677,764 shares of the company’s stock valued at $1,138,643,000 after buying an additional 2,007,959 shares during the period. Wealthfront Advisers LLC grew its holdings in Schwab U.S. TIPS ETF by 13.3% during the 2nd quarter. Wealthfront Advisers LLC now owns 31,970,077 shares of the company’s stock worth $852,962,000 after acquiring an additional 3,749,147 shares during the last quarter. Quadratic Capital Management LLC increased its position in Schwab U.S. TIPS ETF by 32.3% in the 3rd quarter. Quadratic Capital Management LLC now owns 11,767,045 shares of the company’s stock valued at $317,122,000 after acquiring an additional 2,870,303 shares during the period. Sei Investments Co. raised its stake in shares of Schwab U.S. TIPS ETF by 2.7% during the second quarter. Sei Investments Co. now owns 11,365,614 shares of the company’s stock valued at $303,230,000 after acquiring an additional 295,901 shares during the last quarter. Finally, Cerity Partners LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 7.6% during the third quarter. Cerity Partners LLC now owns 8,355,667 shares of the company’s stock worth $225,185,000 after purchasing an additional 587,890 shares during the period.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein raised shares of Schwab U.S. TIPS ETF to a “hold” rating in a research note on Friday, December 5th.

Schwab U.S. TIPS ETF Trading Up 0.1%

NYSEARCA:SCHP opened at $26.67 on Friday. The company has a fifty day moving average of $26.59 and a 200-day moving average of $26.78. Schwab U.S. TIPS ETF has a twelve month low of $25.83 and a twelve month high of $27.19.

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.