HCR Wealth Advisors Acquires 4,161 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

HCR Wealth Advisors boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 98.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,402 shares of the company’s stock after acquiring an additional 4,161 shares during the quarter. HCR Wealth Advisors’ holdings in Schwab U.S. TIPS ETF were worth $217,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Quadratic Capital Management LLC boosted its stake 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 worth $367,692,000 after purchasing an additional 2,803,683 shares during the period. Cerity Partners OCIO LLC bought a new stake in Schwab U.S. TIPS ETF during the 2nd quarter valued at about $130,469,000. JPMorgan Chase & Co. lifted its holdings in 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 buying an additional 1,458,886 shares in the last quarter. Greenline Partners LLC purchased a new stake in shares of Schwab U.S. TIPS ETF in the second quarter valued at approximately $45,303,000. Finally, Stephens Group Asset Management LLC raised its position in Schwab U.S. TIPS ETF by 105.9% during the 4th quarter. Stephens Group Asset Management LLC now owns 1,696,759 shares of the company’s stock valued at $43,827,000 after purchasing an additional 872,511 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.1 %

Shares of SCHP stock opened at $25.93 on Friday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96. The stock has a fifty day simple moving average of $26.06 and a two-hundred day simple moving average of $26.29.

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.