Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Stock Holdings Lifted by Empower Advisory Group LLC

Empower Advisory Group LLC increased its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 116.0% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 38,301,085 shares of the company’s stock after acquiring an additional 20,565,226 shares during the period. Schwab U.S. TIPS ETF accounts for about 3.3% of Empower Advisory Group LLC’s holdings, making the stock its 7th biggest holding. Empower Advisory Group LLC owned about 0.18% of Schwab U.S. TIPS ETF worth $989,317,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Salem Investment Counselors Inc. lifted its holdings in Schwab U.S. TIPS ETF by 91.8% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after purchasing an additional 506 shares in the last quarter. Capital Performance Advisors LLP purchased a new position in shares of Schwab U.S. TIPS ETF during the 3rd quarter worth $63,000. Independence Bank of Kentucky raised its holdings in shares of Schwab U.S. TIPS ETF by 107.0% during the 4th quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock worth $32,000 after acquiring an additional 642 shares during the period. Pathway Financial Advisers LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 101.9% during the 4th quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock worth $34,000 after acquiring an additional 655 shares during the period. Finally, First Community Trust NA raised its holdings in shares of Schwab U.S. TIPS ETF by 100.0% during the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after acquiring an additional 700 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.2 %

NYSEARCA SCHP opened at $26.30 on Monday. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $26.96. The business’s fifty day simple moving average is $26.01 and its 200-day simple moving average is $26.30.

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.