Elm Partners Management LLC Has $187.35 Million Stake in Schwab U.S. TIPS ETF $SCHP

Elm Partners Management LLC boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 28.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 7,072,390 shares of the company’s stock after purchasing an additional 1,565,715 shares during the quarter. Schwab U.S. TIPS ETF comprises 8.5% of Elm Partners Management LLC’s portfolio, making the stock its 3rd largest holding. Elm Partners Management LLC owned approximately 1.24% of Schwab U.S. TIPS ETF worth $187,348,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the stock. Pine Haven Investment Counsel Inc boosted its position in Schwab U.S. TIPS ETF by 0.9% during the fourth quarter. Pine Haven Investment Counsel Inc now owns 42,192 shares of the company’s stock worth $1,118,000 after purchasing an additional 390 shares during the period. Cape Investment Advisory Inc. boosted its position in Schwab U.S. TIPS ETF by 21.2% during the third quarter. Cape Investment Advisory Inc. now owns 2,356 shares of the company’s stock worth $63,000 after purchasing an additional 412 shares during the period. Vista Capital Partners Inc. boosted its position in Schwab U.S. TIPS ETF by 2.8% during the fourth quarter. Vista Capital Partners Inc. now owns 19,104 shares of the company’s stock worth $506,000 after purchasing an additional 523 shares during the period. Lynx Investment Advisory boosted its position in Schwab U.S. TIPS ETF by 4.1% during the third quarter. Lynx Investment Advisory now owns 13,436 shares of the company’s stock worth $362,000 after purchasing an additional 532 shares during the period. Finally, Ameritas Investment Partners Inc. boosted its position in Schwab U.S. TIPS ETF by 83.9% during the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock worth $32,000 after purchasing an additional 547 shares during the period.

Schwab U.S. TIPS ETF Price Performance

SCHP opened at $26.83 on Friday. Schwab U.S. TIPS ETF has a 1-year low of $26.20 and a 1-year high of $27.19. The business has a 50 day moving average of $26.72 and a 200-day moving average of $26.71.

About Schwab U.S. TIPS ETF

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.