LifeGuide Financial Advisors LLC Buys 38,128 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

LifeGuide Financial Advisors LLC grew its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 6.3% during the first quarter, Holdings Channel.com reports. The institutional investor owned 641,282 shares of the company’s stock after acquiring an additional 38,128 shares during the quarter. Schwab U.S. TIPS ETF comprises approximately 16.9% of LifeGuide Financial Advisors LLC’s investment portfolio, making the stock its 2nd largest position. LifeGuide Financial Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $33,449,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. Charles Schwab Investment Advisory Inc. raised its stake in shares of Schwab U.S. TIPS ETF by 1.4% in the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 17,525,815 shares of the company’s stock valued at $914,848,000 after purchasing an additional 248,019 shares during the period. Quadratic Capital Management LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 1.1% during the 4th quarter. Quadratic Capital Management LLC now owns 14,432,753 shares of the company’s stock worth $753,390,000 after buying an additional 153,669 shares during the last quarter. Cerity Partners LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 327.1% in the 4th quarter. Cerity Partners LLC now owns 13,385,973 shares of the company’s stock valued at $698,748,000 after acquiring an additional 10,251,581 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Schwab U.S. TIPS ETF by 8.4% in the third quarter. JPMorgan Chase & Co. now owns 7,306,113 shares of the company’s stock valued at $368,886,000 after acquiring an additional 566,822 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in Schwab U.S. TIPS ETF by 0.4% during the fourth quarter. Sei Investments Co. now owns 5,245,095 shares of the company’s stock worth $273,797,000 after acquiring an additional 22,669 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.8 %

Shares of NYSEARCA SCHP traded down $0.42 during trading hours on Monday, hitting $51.59. The company had a trading volume of 760,835 shares, compared to its average volume of 1,281,196. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $52.71. The firm’s 50 day moving average is $51.76 and its 200-day moving average is $51.84.

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.