Charles Schwab Investment Advisory Inc. Has $914.85 Million Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Charles Schwab Investment Advisory Inc. raised its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 17,525,815 shares of the company’s stock after acquiring an additional 248,019 shares during the quarter. Schwab U.S. TIPS ETF makes up 1.3% of Charles Schwab Investment Advisory Inc.’s portfolio, making the stock its 18th biggest position. Charles Schwab Investment Advisory Inc. owned 0.08% of Schwab U.S. TIPS ETF worth $914,848,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of the business. Asset Dedication LLC lifted its holdings in Schwab U.S. TIPS ETF by 425.8% in the third quarter. Asset Dedication LLC now owns 510 shares of the company’s stock valued at $25,000 after buying an additional 413 shares during the period. Oliver Lagore Vanvalin Investment Group boosted its position in shares of Schwab U.S. TIPS ETF by 3,229.4% in the 3rd quarter. Oliver Lagore Vanvalin Investment Group now owns 566 shares of the company’s stock worth $29,000 after purchasing an additional 549 shares during the last quarter. NBC Securities Inc. acquired a new stake in shares of Schwab U.S. TIPS ETF during the third quarter worth $31,000. Clearstead Advisors LLC increased its holdings in Schwab U.S. TIPS ETF by 432.9% in the third quarter. Clearstead Advisors LLC now owns 1,231 shares of the company’s stock valued at $62,000 after purchasing an additional 1,000 shares during the last quarter. Finally, Headlands Technologies LLC acquired a new position in Schwab U.S. TIPS ETF in the fourth quarter valued at about $78,000.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock traded down $0.06 on Wednesday, reaching $51.49. The company had a trading volume of 1,519,505 shares, compared to its average volume of 1,311,400. The company has a 50-day moving average of $51.69 and a 200-day moving average of $51.55. Schwab U.S. TIPS ETF has a 12 month low of $49.50 and a 12 month high of $53.59.

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.