Sei Investments Co. Buys 25,514 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Sei Investments Co. boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 0.5% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,346,672 shares of the company’s stock after purchasing an additional 25,514 shares during the quarter. Sei Investments Co. owned about 2.53% of Schwab U.S. TIPS ETF worth $278,077,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. BlueSky Wealth Advisors LLC boosted its position in Schwab U.S. TIPS ETF by 2.2% during the fourth quarter. BlueSky Wealth Advisors LLC now owns 601,327 shares of the company’s stock valued at $31,389,000 after purchasing an additional 12,684 shares in the last quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its holdings in Schwab U.S. TIPS ETF by 6.5% in the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 15,357 shares of the company’s stock worth $801,000 after acquiring an additional 935 shares in the last quarter. Janney Montgomery Scott LLC boosted its holdings in Schwab U.S. TIPS ETF by 5.3% in the fourth quarter. Janney Montgomery Scott LLC now owns 25,868 shares of the company’s stock worth $1,350,000 after acquiring an additional 1,303 shares in the last quarter. C M Bidwell & Associates Ltd. boosted its holdings in Schwab U.S. TIPS ETF by 7.6% in the fourth quarter. C M Bidwell & Associates Ltd. now owns 65,340 shares of the company’s stock worth $3,411,000 after acquiring an additional 4,643 shares in the last quarter. Finally, RE Dickinson Investment Advisors LLC boosted its holdings in Schwab U.S. TIPS ETF by 0.7% in the fourth quarter. RE Dickinson Investment Advisors LLC now owns 186,101 shares of the company’s stock worth $9,714,000 after acquiring an additional 1,377 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP opened at $53.65 on Friday. The business has a 50-day simple moving average of $52.86 and a two-hundred day simple moving average of $52.17. Schwab U.S. TIPS ETF has a fifty-two week low of $49.50 and a fifty-two week high of $53.90.

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.