Red Tortoise LLC Has $3.19 Million Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Red Tortoise LLC boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 101.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 123,484 shares of the company’s stock after buying an additional 62,159 shares during the period. Schwab U.S. TIPS ETF comprises 1.7% of Red Tortoise LLC’s investment portfolio, making the stock its 15th largest holding. Red Tortoise LLC owned about 0.06% of Schwab U.S. TIPS ETF worth $3,190,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently bought and sold shares of SCHP. Empower Advisory Group LLC raised its position in Schwab U.S. TIPS ETF by 5.1% during the third quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock valued at $951,174,000 after buying an additional 857,417 shares during the period. Quadratic Capital Management LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 24.5% in the 4th quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock valued at $367,692,000 after purchasing an additional 2,803,683 shares during the period. JPMorgan Chase & Co. lifted its position in shares of Schwab U.S. TIPS ETF by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock worth $534,806,000 after purchasing an additional 1,458,886 shares in the last quarter. CENTRAL TRUST Co boosted its holdings in shares of Schwab U.S. TIPS ETF by 92.2% during the fourth quarter. CENTRAL TRUST Co now owns 5,872,188 shares of the company’s stock worth $151,679,000 after purchasing an additional 2,817,586 shares during the period. Finally, Cerity Partners LLC boosted its holdings in shares of Schwab U.S. TIPS ETF by 19.8% during the third quarter. Cerity Partners LLC now owns 3,922,743 shares of the company’s stock worth $210,377,000 after purchasing an additional 648,333 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.1 %

Schwab U.S. TIPS ETF stock opened at $26.15 on Monday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96. The firm’s 50 day moving average price is $26.03 and its two-hundred day moving average price is $26.29.

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.