Cerity Partners LLC Acquires 936,063 Shares of Schwab U.S. TIPS ETF $SCHP

Cerity Partners LLC increased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 11.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,291,730 shares of the company’s stock after purchasing an additional 936,063 shares during the period. Cerity Partners LLC owned approximately 1.63% of Schwab U.S. TIPS ETF worth $246,138,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SCHP. Founders Financial Alliance LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 392.8% during the 3rd quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock valued at $26,000 after purchasing an additional 766 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of Schwab U.S. TIPS ETF during the 4th quarter valued at about $29,000. Olistico Wealth LLC bought a new position in shares of 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% in the 3rd quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after buying an additional 547 shares during the last quarter. Finally, AlphaCore Capital LLC raised its position in Schwab U.S. TIPS ETF by 375.9% in the 3rd quarter. AlphaCore Capital LLC now owns 1,561 shares of the company’s stock valued at $42,000 after buying an additional 1,233 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of Schwab U.S. TIPS ETF stock opened at $26.42 on Tuesday. The business’s 50 day simple moving average is $26.72 and its 200 day simple moving average is $26.70. Schwab U.S. TIPS ETF has a 52-week low of $26.20 and a 52-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.