Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Acquired by Friedenthal Financial

Friedenthal Financial boosted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 46,281 shares of the company’s stock after buying an additional 23,238 shares during the quarter. Schwab U.S. TIPS ETF accounts for about 0.7% of Friedenthal Financial’s investment portfolio, making the stock its 29th largest position. Friedenthal Financial’s holdings in Schwab U.S. TIPS ETF were worth $1,195,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of SCHP. Empower Advisory Group LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 5.1% during the 3rd quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock worth $951,174,000 after acquiring an additional 857,417 shares in the last quarter. Quadratic Capital Management LLC boosted its position 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. increased its stake in Schwab U.S. TIPS ETF by 17.1% in the 3rd 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. Sei Investments Co. raised its holdings in Schwab U.S. TIPS ETF by 0.5% during the 2nd quarter. Sei Investments Co. now owns 5,346,672 shares of the company’s stock worth $278,077,000 after buying an additional 25,514 shares during the period. Finally, Cerity Partners LLC raised its holdings in Schwab U.S. TIPS ETF by 19.8% during the 3rd quarter. Cerity Partners LLC now owns 3,922,743 shares of the company’s stock worth $210,377,000 after buying an additional 648,333 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP traded up $0.03 during midday trading on Monday, hitting $25.72. The stock had a trading volume of 4,256,796 shares, compared to its average volume of 4,008,777. The business has a 50-day simple moving average of $26.09 and a two-hundred day simple moving average of $26.30. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96.

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.