Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Holdings Increased by Sunbelt Securities Inc.

Sunbelt Securities Inc. lifted its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 158.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,451 shares of the company’s stock after acquiring an additional 889 shares during the period. Sunbelt Securities Inc.’s holdings in Schwab U.S. TIPS ETF were worth $76,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Cerity Partners LLC raised its stake in shares of Schwab U.S. TIPS ETF by 327.1% in the 4th quarter. Cerity Partners LLC now owns 13,385,973 shares of the company’s stock worth $698,748,000 after buying an additional 10,251,581 shares in the last quarter. Perella Weinberg Partners Capital Management LP purchased a new position in shares of Schwab U.S. TIPS ETF in the fourth quarter worth approximately $103,053,000. Nepc LLC acquired a new stake in shares of Schwab U.S. TIPS ETF during the fourth quarter valued at approximately $78,399,000. UBS Group AG lifted its position in shares of Schwab U.S. TIPS ETF by 92.8% in the 4th quarter. UBS Group AG now owns 1,743,378 shares of the company’s stock valued at $91,004,000 after acquiring an additional 838,923 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in Schwab U.S. TIPS ETF by 8.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 7,306,113 shares of the company’s stock worth $368,886,000 after purchasing an additional 566,822 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA:SCHP opened at $52.01 on Friday. The company’s fifty day moving average is $51.76 and its two-hundred day moving average is $51.84. Schwab U.S. TIPS ETF has a 12-month low of $49.50 and a 12-month high of $52.71.

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.