Schwab U.S. TIPS ETF $SCHP Shares Acquired by Aptus Capital Advisors LLC

Aptus Capital Advisors LLC lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 14.6% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 241,178 shares of the company’s stock after purchasing an additional 30,735 shares during the period. Aptus Capital Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $6,500,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the stock. Brighton Jones LLC increased its holdings in Schwab U.S. TIPS ETF by 211.4% during the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock worth $541,000 after purchasing an additional 14,212 shares during the period. AQR Capital Management LLC boosted its stake in Schwab U.S. TIPS ETF by 180.7% in the first quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock valued at $2,049,000 after acquiring an additional 49,056 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Schwab U.S. TIPS ETF by 5.7% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,184,276 shares of the company’s stock valued at $58,276,000 after purchasing an additional 117,866 shares during the period. Vestmark Advisory Solutions Inc. boosted its holdings in shares of Schwab U.S. TIPS ETF by 158.7% in the second quarter. Vestmark Advisory Solutions Inc. now owns 283,610 shares of the company’s stock valued at $7,567,000 after acquiring an additional 173,978 shares during the period. Finally, AE Wealth Management LLC boosted its stake in Schwab U.S. TIPS ETF by 6.7% during the 2nd quarter. AE Wealth Management LLC now owns 44,130 shares of the company’s stock worth $1,177,000 after purchasing an additional 2,770 shares during the period.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein raised Schwab U.S. TIPS ETF to a “hold” rating in a research report on Friday, December 5th.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock opened at $26.85 on Friday. The business has a fifty day simple moving average of $26.67 and a 200-day simple moving average of $26.80. Schwab U.S. TIPS ETF has a fifty-two week low of $25.83 and a fifty-two week 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.