Alhambra Investment Management LLC Has $240,000 Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Alhambra Investment Management LLC lifted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,292 shares of the company’s stock after purchasing an additional 4,646 shares during the quarter. Alhambra Investment Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $240,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHP. Empower Advisory Group LLC lifted its stake 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 buying an additional 857,417 shares in the last quarter. Quadratic Capital Management LLC boosted its stake 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 valued at $367,692,000 after purchasing an additional 2,803,683 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in 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 worth $534,806,000 after purchasing an additional 1,458,886 shares in the last quarter. Sei Investments Co. lifted its holdings in shares of Schwab U.S. TIPS ETF by 0.5% in the second quarter. Sei Investments Co. now owns 5,346,672 shares of the company’s stock valued at $278,077,000 after purchasing an additional 25,514 shares in the last quarter. Finally, Cerity Partners LLC boosted its position in shares of Schwab U.S. TIPS ETF by 19.8% during the third quarter. Cerity Partners LLC now owns 3,922,743 shares of the company’s stock valued at $210,377,000 after buying an additional 648,333 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA SCHP opened at $25.95 on Friday. Schwab U.S. TIPS ETF has a 12 month low of $25.46 and a 12 month high of $26.96. The business has a fifty day simple moving average of $26.05 and a 200 day simple moving average of $26.29.

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.