Schwab U.S. TIPS ETF $SCHP is Cerity Partners OCIO LLC’s 6th Largest Position

Cerity Partners OCIO LLC cut its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 19.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,428,562 shares of the company’s stock after selling 1,071,338 shares during the quarter. Schwab U.S. TIPS ETF accounts for 6.5% of Cerity Partners OCIO LLC’s portfolio, making the stock its 6th largest position. Cerity Partners OCIO LLC owned about 0.78% of Schwab U.S. TIPS ETF worth $117,313,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in the stock. Wealthfront Advisers LLC lifted its position in shares of Schwab U.S. TIPS ETF by 11.6% in the third quarter. Wealthfront Advisers LLC now owns 35,688,247 shares of the company’s stock worth $961,798,000 after purchasing an additional 3,718,170 shares in the last quarter. US Bancorp DE increased its holdings in Schwab U.S. TIPS ETF by 899.8% in the third quarter. US Bancorp DE now owns 16,265,679 shares of the company’s stock worth $438,361,000 after buying an additional 14,638,820 shares during the last quarter. Quadratic Capital Management LLC increased its holdings in 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 worth $384,084,000 after buying an additional 2,732,156 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Schwab U.S. TIPS ETF by 3.9% in the third quarter. JPMorgan Chase & Co. now owns 14,174,158 shares of the company’s stock worth $381,994,000 after buying an additional 531,185 shares during the last quarter. Finally, Sei Investments Co. increased its holdings in Schwab U.S. TIPS ETF by 4.0% in the third quarter. Sei Investments Co. now owns 11,824,350 shares of the company’s stock worth $318,667,000 after buying an additional 458,736 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA:SCHP opened at $26.42 on Tuesday. The stock’s 50 day moving average price is $26.72 and its 200 day moving average price 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 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.