Clune & Associates LTD. Makes New $986,000 Investment in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Clune & Associates LTD. acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 4th quarter, HoldingsChannel.com reports. The firm acquired 38,168 shares of the company’s stock, valued at approximately $986,000.

Several other large investors have also recently bought and sold shares of the company. Empower Advisory Group LLC lifted its holdings in 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 worth $989,317,000 after buying an additional 20,565,226 shares in the last quarter. Municipal Employees Retirement System of Michigan acquired a new position in Schwab U.S. TIPS ETF during the 4th quarter worth $402,061,000. Quadratic Capital Management LLC lifted its holdings in Schwab U.S. TIPS ETF by 24.5% during the 4th quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock worth $367,692,000 after buying an additional 2,803,683 shares in the last quarter. Sei Investments Co. lifted its holdings in Schwab U.S. TIPS ETF by 108.6% during the 4th quarter. Sei Investments Co. now owns 11,217,087 shares of the company’s stock worth $289,734,000 after buying an additional 5,840,961 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in Schwab U.S. TIPS ETF by 17.1% during the 3rd quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock worth $534,806,000 after buying an additional 1,458,886 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.1 %

NYSEARCA:SCHP opened at $26.66 on Monday. The stock’s fifty day moving average price is $26.30 and its two-hundred day moving average price is $26.32. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96.

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.