C M Bidwell & Associates Ltd. Buys 44,152 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

C M Bidwell & Associates Ltd. raised its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 67.6% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 109,462 shares of the company’s stock after purchasing an additional 44,152 shares during the period. Schwab U.S. TIPS ETF accounts for about 1.7% of C M Bidwell & Associates Ltd.’s investment portfolio, making the stock its 17th biggest holding. C M Bidwell & Associates Ltd. owned approximately 0.05% of Schwab U.S. TIPS ETF worth $2,827,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Empower Advisory Group LLC raised its position in shares of Schwab U.S. TIPS ETF by 116.0% during the 4th quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock valued at $989,317,000 after purchasing an additional 20,565,226 shares during the period. Municipal Employees Retirement System of Michigan bought a new stake in Schwab U.S. TIPS ETF during the fourth quarter valued at about $402,061,000. Sei Investments Co. lifted its position in shares of Schwab U.S. TIPS ETF by 108.6% in the fourth quarter. Sei Investments Co. now owns 11,217,087 shares of the company’s stock valued at $289,734,000 after acquiring an additional 5,840,961 shares in the last quarter. Lincoln National Corp lifted its position in shares of Schwab U.S. TIPS ETF by 100.2% in the fourth quarter. Lincoln National Corp now owns 8,227,198 shares of the company’s stock valued at $212,509,000 after acquiring an additional 4,118,522 shares in the last quarter. Finally, Alesco Advisors LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 105.9% in the fourth quarter. Alesco Advisors LLC now owns 5,570,374 shares of the company’s stock worth $143,883,000 after acquiring an additional 2,865,603 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $26.78 on Monday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The business’s 50 day moving average is $26.38 and its 200 day moving average is $26.32.

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.