Krilogy Financial LLC Acquires Shares of 20,227 Schwab U.S. TIPS ETF $SCHP

Krilogy Financial LLC bought a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 20,227 shares of the company’s stock, valued at approximately $542,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Quadratic Capital Management LLC grew its stake in shares of Schwab U.S. TIPS ETF by 23.2% in the fourth quarter. Quadratic Capital Management LLC now owns 14,499,201 shares of the company’s stock valued at $384,084,000 after acquiring an additional 2,732,156 shares in the last quarter. Sei Investments Co. raised its stake in Schwab U.S. TIPS ETF by 4.0% in the 3rd quarter. Sei Investments Co. now owns 11,824,350 shares of the company’s stock worth $318,667,000 after purchasing an additional 458,736 shares in the last quarter. Cerity Partners LLC boosted its holdings in Schwab U.S. TIPS ETF by 11.2% in the 4th quarter. Cerity Partners LLC now owns 9,291,730 shares of the company’s stock valued at $246,138,000 after purchasing an additional 936,063 shares during the period. Evoke Wealth LLC boosted its holdings in Schwab U.S. TIPS ETF by 16.5% in the 4th quarter. Evoke Wealth LLC now owns 9,032,516 shares of the company’s stock valued at $239,272,000 after purchasing an additional 1,281,394 shares during the period. Finally, Alliancebernstein L.P. grew its position in shares of Schwab U.S. TIPS ETF by 1.1% during the 3rd quarter. Alliancebernstein L.P. now owns 7,918,767 shares of the company’s stock worth $213,411,000 after purchasing an additional 85,047 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.2%

Shares of SCHP opened at $26.57 on Friday. Schwab U.S. TIPS ETF has a 12 month low of $26.37 and a 12 month high of $27.19. The firm’s 50 day moving average is $26.67 and its 200-day moving average is $26.67.

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.