Financial Architects LLC lifted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 6.1% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 1,521,680 shares of the company’s stock after purchasing an additional 87,110 shares during the period. Schwab U.S. TIPS ETF comprises approximately 21.4% of Financial Architects LLC’s portfolio, making the stock its biggest holding. Financial Architects LLC owned about 0.26% of Schwab U.S. TIPS ETF worth $40,492,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its holdings in Schwab U.S. TIPS ETF by 211.4% in the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock worth $541,000 after acquiring an additional 14,212 shares during the last quarter. AQR Capital Management LLC raised its stake 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 last quarter. State Street Corp raised its stake 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 last quarter. Main Street Financial Solutions LLC raised its stake 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 valued at $304,000 after acquiring an additional 2,312 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its holdings 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 purchasing an additional 223,281 shares during the period.
Schwab U.S. TIPS ETF Price Performance
NYSEARCA SCHP opened at $26.52 on Friday. Schwab U.S. TIPS ETF has a 1 year low of $26.37 and a 1 year high of $27.19. The business’s 50-day moving average is $26.67 and its 200 day moving average is $26.67.
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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