JMG Financial Group Ltd. cut its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 20.3% in the fourth quarter, Holdings Channel.com reports. The firm owned 91,684 shares of the company’s stock after selling 23,362 shares during the quarter. JMG Financial Group Ltd.’s holdings in Schwab U.S. TIPS ETF were worth $2,429,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the stock. Elm Partners Management LLC grew its position in shares of Schwab U.S. TIPS ETF by 28.4% in the fourth quarter. Elm Partners Management LLC now owns 7,072,390 shares of the company’s stock valued at $187,348,000 after purchasing an additional 1,565,715 shares in the last quarter. Waterloo Capital L.P. purchased a new stake in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at approximately $227,000. Riverpoint Wealth Management Holdings LLC grew its position in shares of Schwab U.S. TIPS ETF by 19.0% in the fourth quarter. Riverpoint Wealth Management Holdings LLC now owns 241,406 shares of the company’s stock valued at $6,395,000 after purchasing an additional 38,564 shares in the last quarter. WASHINGTON TRUST Co grew its position in shares of Schwab U.S. TIPS ETF by 2.7% in the fourth quarter. WASHINGTON TRUST Co now owns 98,956 shares of the company’s stock valued at $2,621,000 after purchasing an additional 2,642 shares in the last quarter. Finally, Rock Creek Group LP grew its position in shares of Schwab U.S. TIPS ETF by 9.3% in the fourth quarter. Rock Creek Group LP now owns 406,932 shares of the company’s stock valued at $10,780,000 after purchasing an additional 34,522 shares in the last quarter.
Schwab U.S. TIPS ETF Stock Performance
SCHP stock opened at $26.83 on Monday. The business has a 50 day simple moving average of $26.72 and a 200-day simple moving average of $26.71. Schwab U.S. TIPS ETF has a 1 year low of $26.20 and a 1 year high of $27.19.
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.
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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
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