Schwab U.S. TIPS ETF $SCHP Stake Increased by Alesco Advisors LLC An ESL Co

Alesco Advisors LLC An ESL Co lifted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2.8% during the 1st quarter, Holdings Channel.com reports. The firm owned 6,121,252 shares of the company’s stock after buying an additional 164,878 shares during the quarter. Schwab U.S. TIPS ETF accounts for about 4.2% of Alesco Advisors LLC An ESL Co’s investment portfolio, making the stock its 6th largest holding. Alesco Advisors LLC An ESL Co’s holdings in Schwab U.S. TIPS ETF were worth $162,887,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the stock. Archer Investment Corp grew its holdings in Schwab U.S. TIPS ETF by 212.2% in the 1st quarter. Archer Investment Corp now owns 971 shares of the company’s stock worth $26,000 after acquiring an additional 660 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new position in Schwab U.S. TIPS ETF during the 4th quarter valued at about $29,000. Olistico Wealth LLC purchased a new position in Schwab U.S. TIPS ETF during the 4th quarter valued at about $30,000. Ameritas Investment Partners Inc. raised its position in Schwab U.S. TIPS ETF by 83.9% during the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after purchasing an additional 547 shares during the last quarter. Finally, CIBC Private Wealth Group LLC increased its stake in shares of Schwab U.S. TIPS ETF by 69.8% during the fourth quarter. CIBC Private Wealth Group LLC now owns 1,316 shares of the company’s stock valued at $35,000 after buying an additional 541 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.1%

NYSEARCA:SCHP opened at $26.18 on Wednesday. The firm’s fifty day simple moving average is $26.47 and its 200 day simple moving average is $26.63. Schwab U.S. TIPS ETF has a twelve month low of $26.14 and a twelve 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.