Brighton Jones LLC Raises Stock Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Brighton Jones LLC boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 16.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,954 shares of the company’s stock after buying an additional 1,264 shares during the quarter. Brighton Jones LLC’s holdings in Schwab U.S. TIPS ETF were worth $466,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. OMNI 360 Wealth Inc. boosted its position in shares of Schwab U.S. TIPS ETF by 1.4% during the 1st quarter. OMNI 360 Wealth Inc. now owns 15,568 shares of the company’s stock worth $812,000 after purchasing an additional 219 shares during the period. Ameritas Advisory Services LLC boosted its position in shares of Schwab U.S. TIPS ETF by 2.6% during the second quarter. Ameritas Advisory Services LLC now owns 9,806 shares of the company’s stock worth $510,000 after buying an additional 250 shares during the period. Focus Financial Network Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 0.7% in the second quarter. Focus Financial Network Inc. now owns 38,685 shares of the company’s stock valued at $2,031,000 after buying an additional 253 shares in the last quarter. UMB Bank n.a. raised its holdings in shares of Schwab U.S. TIPS ETF by 6.7% in the 1st quarter. UMB Bank n.a. now owns 4,489 shares of the company’s stock valued at $234,000 after buying an additional 281 shares during the period. Finally, Patriot Investment Management Group Inc. lifted its stake in Schwab U.S. TIPS ETF by 1.4% during the 2nd quarter. Patriot Investment Management Group Inc. now owns 21,680 shares of the company’s stock worth $1,128,000 after acquiring an additional 289 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of Schwab U.S. TIPS ETF stock opened at $53.65 on Friday. The business has a 50-day moving average of $52.86 and a 200 day moving average of $52.17. Schwab U.S. TIPS ETF has a 12 month low of $49.50 and a 12 month 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.