Schwab U.S. TIPS ETF (NYSEARCA:SCHP) is Two West Capital Advisors LLC’s 5th Largest Position

Two West Capital Advisors LLC grew its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 103.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 261,460 shares of the company’s stock after purchasing an additional 133,157 shares during the quarter. Schwab U.S. TIPS ETF makes up about 5.8% of Two West Capital Advisors LLC’s holdings, making the stock its 5th largest position. Two West Capital Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $6,754,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Quadratic Capital Management LLC grew its position 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 purchasing an additional 2,803,683 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Schwab U.S. TIPS ETF by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock valued at $534,806,000 after buying an additional 1,458,886 shares during the last quarter. Stephens Group Asset Management LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 105.9% during the fourth quarter. Stephens Group Asset Management LLC now owns 1,696,759 shares of the company’s stock worth $43,827,000 after buying an additional 872,511 shares during the period. Empower Advisory Group LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 5.1% during the third quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock worth $951,174,000 after buying an additional 857,417 shares during the last quarter. Finally, LifeGuide Financial Advisors LLC increased its position in Schwab U.S. TIPS ETF by 110.6% in the 4th quarter. LifeGuide Financial Advisors LLC now owns 1,567,621 shares of the company’s stock valued at $40,492,000 after acquiring an additional 823,329 shares during the period.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA:SCHP opened at $26.00 on Monday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The stock’s 50 day simple moving average is $26.03 and its 200-day simple moving average is $26.30.

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.