Panoramic Investment Advisors LLC decreased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 13.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 13,335 shares of the company’s stock after selling 2,073 shares during the quarter. Panoramic Investment Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $696,000 at the end of the most recent reporting period.
A number of other hedge funds have also bought and sold shares of SCHP. Cerity Partners LLC increased its stake in shares of Schwab U.S. TIPS ETF by 327.1% in the fourth quarter. Cerity Partners LLC now owns 13,385,973 shares of the company’s stock worth $698,748,000 after acquiring an additional 10,251,581 shares during the period. Perella Weinberg Partners Capital Management LP acquired a new stake in shares of Schwab U.S. TIPS ETF in the fourth quarter worth $103,053,000. Nepc LLC acquired a new stake in shares of Schwab U.S. TIPS ETF in the fourth quarter worth $78,399,000. UBS Group AG increased its stake in shares of Schwab U.S. TIPS ETF by 92.8% in the fourth quarter. UBS Group AG now owns 1,743,378 shares of the company’s stock worth $91,004,000 after acquiring an additional 838,923 shares during the period. Finally, JPMorgan Chase & Co. increased its stake in shares of Schwab U.S. TIPS ETF by 8.4% in the third quarter. JPMorgan Chase & Co. now owns 7,306,113 shares of the company’s stock worth $368,886,000 after acquiring an additional 566,822 shares during the period.
Schwab U.S. TIPS ETF Stock Up 0.1 %
Shares of NYSEARCA:SCHP traded up $0.05 during midday trading on Tuesday, reaching $51.63. The company’s stock had a trading volume of 249,218 shares, compared to its average volume of 1,274,252. Schwab U.S. TIPS ETF has a twelve month low of $49.50 and a twelve month high of $52.71. The stock has a fifty day moving average of $51.77 and a 200 day moving average of $51.83.
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.
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