Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Bought by Beacon Capital Management LLC

Beacon Capital Management LLC grew its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 101.1% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 5,922 shares of the company’s stock after acquiring an additional 2,977 shares during the period. Beacon Capital Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $153,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in SCHP. CENTRAL TRUST Co boosted its stake in Schwab U.S. TIPS ETF by 92.2% during the 4th quarter. CENTRAL TRUST Co now owns 5,872,188 shares of the company’s stock valued at $151,679,000 after acquiring an additional 2,817,586 shares during the last quarter. Quadratic Capital Management LLC raised its stake 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 in the last quarter. JPMorgan Chase & Co. lifted its position in shares of Schwab U.S. TIPS ETF by 17.1% during 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 during the last quarter. Stephens Group Asset Management LLC grew its stake in Schwab U.S. TIPS ETF by 105.9% in the fourth quarter. Stephens Group Asset Management LLC now owns 1,696,759 shares of the company’s stock worth $43,827,000 after purchasing an additional 872,511 shares in the last quarter. Finally, Empower Advisory Group LLC increased its holdings in Schwab U.S. TIPS ETF by 5.1% in 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 last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA SCHP opened at $26.30 on Friday. The stock’s 50 day moving average price is $26.01 and its two-hundred day moving average price is $26.30. 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.