Advisory Services & Investments LLC Has $1.32 Million Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Advisory Services & Investments LLC raised its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 227.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 25,270 shares of the company’s stock after purchasing an additional 17,553 shares during the period. Schwab U.S. TIPS ETF accounts for approximately 1.0% of Advisory Services & Investments LLC’s holdings, making the stock its 17th biggest holding. Advisory Services & Investments LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,319,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Cerity Partners LLC increased its stake in shares of Schwab U.S. TIPS ETF by 327.1% in the 4th quarter. Cerity Partners LLC now owns 13,385,973 shares of the company’s stock valued at $698,748,000 after acquiring an additional 10,251,581 shares during the last quarter. Empower Advisory Group LLC increased its stake in shares of Schwab U.S. TIPS ETF by 24.9% in the 3rd quarter. Empower Advisory Group LLC now owns 12,524,783 shares of the company’s stock valued at $632,376,000 after acquiring an additional 2,499,508 shares during the last quarter. Perella Weinberg Partners Capital Management LP bought a new stake in shares of Schwab U.S. TIPS ETF in the 4th quarter valued at about $103,053,000. UBS Group AG increased its stake in shares of Schwab U.S. TIPS ETF by 92.8% in the 4th quarter. UBS Group AG now owns 1,743,378 shares of the company’s stock valued at $91,004,000 after acquiring an additional 838,923 shares during the last quarter. Finally, Korea Investment CORP bought a new stake in shares of Schwab U.S. TIPS ETF in the 3rd quarter valued at about $29,284,000.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock traded up $0.12 on Friday, reaching $51.33. The company had a trading volume of 1,513,180 shares, compared to its average volume of 1,242,660. The company has a 50-day moving average of $51.71 and a 200-day moving average of $51.47. Schwab U.S. TIPS ETF has a 12 month low of $49.50 and a 12 month high of $53.83.

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.