7,731 Shares in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Bought by Onyx Financial Advisors LLC

Onyx Financial Advisors LLC acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 7,731 shares of the company’s stock, valued at approximately $208,000. Schwab U.S. TIPS ETF comprises approximately 0.1% of Onyx Financial Advisors LLC’s holdings, making the stock its 16th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of SCHP. Municipal Employees Retirement System of Michigan bought a new stake in shares of Schwab U.S. TIPS ETF during the 4th quarter worth $402,061,000. Sei Investments Co. raised its position in Schwab U.S. TIPS ETF by 108.6% in the fourth quarter. Sei Investments Co. now owns 11,217,087 shares of the company’s stock valued at $289,734,000 after purchasing an additional 5,840,961 shares during the last quarter. Voya Investment Management LLC raised its position in Schwab U.S. TIPS ETF by 103.8% in the fourth quarter. Voya Investment Management LLC now owns 10,955,163 shares of the company’s stock valued at $282,972,000 after purchasing an additional 5,579,336 shares during the last quarter. Nepc LLC raised its position in Schwab U.S. TIPS ETF by 157.0% in the fourth quarter. Nepc LLC now owns 7,637,467 shares of the company’s stock valued at $197,276,000 after purchasing an additional 4,666,256 shares during the last quarter. Finally, Lincoln National Corp raised its position in Schwab U.S. TIPS ETF by 100.2% in the fourth quarter. Lincoln National Corp now owns 8,227,198 shares of the company’s stock valued at $212,509,000 after purchasing an additional 4,118,522 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.56 on Thursday. Schwab U.S. TIPS ETF has a 12 month low of $25.68 and a 12 month high of $27.06. The stock has a 50-day moving average price of $26.43 and a two-hundred day moving average price of $26.32.

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.