Adventist Health System Sunbelt Healthcare Corp Acquires 1,150,000 Shares of Schwab U.S. TIPS ETF $SCHP

Adventist Health System Sunbelt Healthcare Corp grew its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 24.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,778,695 shares of the company’s stock after acquiring an additional 1,150,000 shares during the quarter. Schwab U.S. TIPS ETF accounts for about 4.6% of Adventist Health System Sunbelt Healthcare Corp’s portfolio, making the stock its 7th biggest position. Adventist Health System Sunbelt Healthcare Corp’s holdings in Schwab U.S. TIPS ETF were worth $153,078,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Pine Haven Investment Counsel Inc grew its stake in shares of Schwab U.S. TIPS ETF by 0.9% in the fourth quarter. Pine Haven Investment Counsel Inc now owns 42,192 shares of the company’s stock valued at $1,118,000 after buying an additional 390 shares in the last quarter. Fortis Capital Management LLC grew its stake in shares of Schwab U.S. TIPS ETF by 1.3% in the fourth quarter. Fortis Capital Management LLC now owns 30,765 shares of the company’s stock valued at $815,000 after buying an additional 390 shares in the last quarter. Cape Investment Advisory Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 21.2% in the third quarter. Cape Investment Advisory Inc. now owns 2,356 shares of the company’s stock valued at $63,000 after buying an additional 412 shares in the last quarter. Vista Capital Partners Inc. grew its stake in shares of Schwab U.S. TIPS ETF by 2.8% in the fourth quarter. Vista Capital Partners Inc. now owns 19,104 shares of the company’s stock valued at $506,000 after buying an additional 523 shares in the last quarter. Finally, CIBC Private Wealth Group LLC grew its stake in shares of Schwab U.S. TIPS ETF by 69.8% in 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 in the last quarter.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA:SCHP opened at $26.54 on Friday. Schwab U.S. TIPS ETF has a 1-year low of $26.27 and a 1-year high of $27.19. The firm has a fifty day simple moving average of $26.72 and a 200 day simple moving average of $26.69.

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.