Wilmington Savings Fund Society FSB Buys New Shares in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Wilmington Savings Fund Society FSB purchased a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,000 shares of the company’s stock, valued at approximately $483,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SCHP. Cerity Partners OCIO LLC purchased a new stake in Schwab U.S. TIPS ETF during the 2nd quarter worth $130,469,000. Quadratic Capital Management LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 12.9% during the third quarter. Quadratic Capital Management LLC now owns 11,431,409 shares of the company’s stock worth $613,066,000 after purchasing an additional 1,302,413 shares in the last quarter. Greenline Partners LLC purchased a new stake in shares of Schwab U.S. TIPS ETF in the second quarter worth about $45,303,000. Empower Advisory Group LLC boosted its position in shares of Schwab U.S. TIPS ETF by 5.1% in the third quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock worth $951,174,000 after buying an additional 857,417 shares during the period. Finally, Cerity Partners LLC grew its stake in shares of Schwab U.S. TIPS ETF by 19.8% in the third quarter. Cerity Partners LLC now owns 3,922,743 shares of the company’s stock valued at $210,377,000 after buying an additional 648,333 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Schwab U.S. TIPS ETF stock opened at $25.77 on Monday. Schwab U.S. TIPS ETF has a one year low of $25.46 and a one year high of $26.96. The stock’s 50 day moving average price is $26.14 and its 200 day moving average price is $26.31.

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.