Almanack Investment Partners LLC. Lowers Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Almanack Investment Partners LLC. lowered its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 33.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 188,472 shares of the company’s stock after selling 93,662 shares during the quarter. Schwab U.S. TIPS ETF comprises approximately 0.8% of Almanack Investment Partners LLC.’s holdings, making the stock its 27th largest holding. Almanack Investment Partners LLC. owned 0.09% of Schwab U.S. TIPS ETF worth $4,868,000 as of its most recent filing with the Securities & Exchange Commission.

Several 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 fourth quarter. CENTRAL TRUST Co now owns 5,872,188 shares of the company’s stock valued at $151,679,000 after buying an additional 2,817,586 shares during the last quarter. Quadratic Capital Management LLC raised its holdings in shares of 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 acquiring an additional 2,803,683 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of 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 valued at $534,806,000 after acquiring an additional 1,458,886 shares during the last quarter. Stephens Group Asset Management LLC grew its holdings in shares of 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 valued at $43,827,000 after purchasing an additional 872,511 shares in the last quarter. Finally, Empower Advisory Group LLC grew its holdings in shares of 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 purchasing an additional 857,417 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.3 %

Schwab U.S. TIPS ETF stock opened at $26.25 on Friday. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96. The firm’s fifty day moving average is $26.02 and its 200 day 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.