Schwab U.S. TIPS ETF $SCHP Shares Acquired by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC increased its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.1% during the 1st quarter, HoldingsChannel reports. The firm owned 428,723 shares of the company’s stock after acquiring an additional 24,786 shares during the period. Kestra Private Wealth Services LLC’s holdings in Schwab U.S. TIPS ETF were worth $11,408,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in Schwab U.S. TIPS ETF by 211.4% in the fourth quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock worth $541,000 after buying an additional 14,212 shares during the period. AQR Capital Management LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 180.7% during the first quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock valued at $2,049,000 after acquiring an additional 49,056 shares during the period. State Street Corp boosted its holdings in shares of Schwab U.S. TIPS ETF by 3.0% during the second quarter. State Street Corp now owns 2,599,691 shares of the company’s stock valued at $69,360,000 after acquiring an additional 76,212 shares during the period. Main Street Financial Solutions LLC grew its position in shares of Schwab U.S. TIPS ETF by 25.5% during the second quarter. Main Street Financial Solutions LLC now owns 11,390 shares of the company’s stock worth $304,000 after acquiring an additional 2,312 shares during the last quarter. Finally, Alliancebernstein L.P. grew its position in shares of Schwab U.S. TIPS ETF by 2.9% during the second quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock worth $209,004,000 after acquiring an additional 223,281 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.2%

SCHP stock opened at $26.52 on Friday. The firm’s 50-day simple moving average is $26.67 and its 200 day simple moving average is $26.67. Schwab U.S. TIPS ETF has a fifty-two week low of $26.37 and a fifty-two week high of $27.19.

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.