Cerity Partners LLC Grows Stake in Schwab U.S. TIPS ETF $SCHP

Cerity Partners LLC increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2.3% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 7,767,777 shares of the company’s stock after purchasing an additional 177,384 shares during the quarter. Cerity Partners LLC’s holdings in Schwab U.S. TIPS ETF were worth $207,244,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Mogy Joel R Investment Counsel Inc. purchased a new position in shares of Schwab U.S. TIPS ETF in the second quarter valued at $32,000. Bessemer Group Inc. acquired a new stake in Schwab U.S. TIPS ETF in the 2nd quarter valued at about $32,000. Hantz Financial Services Inc. purchased a new position in Schwab U.S. TIPS ETF during the 2nd quarter valued at about $35,000. Bogart Wealth LLC raised its position in Schwab U.S. TIPS ETF by 64.1% during the second quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock worth $38,000 after acquiring an additional 551 shares during the last quarter. Finally, Horizon Bancorp Inc. IN purchased a new stake in shares of Schwab U.S. TIPS ETF in the second quarter valued at about $43,000.

Schwab U.S. TIPS ETF Trading Down 0.2%

SCHP stock opened at $26.71 on Friday. The company’s 50 day simple moving average is $26.91 and its 200-day simple moving average is $26.74. Schwab U.S. TIPS ETF has a 12 month low of $25.68 and a 12 month high of $27.19.

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.