Front Row Advisors LLC Grows Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Front Row Advisors LLC grew its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,512 shares of the company’s stock after acquiring an additional 1,256 shares during the quarter. Front Row Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $65,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of the company. Empower Advisory Group LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 116.0% in the 4th quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock worth $989,317,000 after acquiring an additional 20,565,226 shares during the last quarter. Municipal Employees Retirement System of Michigan bought a new stake in Schwab U.S. TIPS ETF in the fourth quarter worth about $402,061,000. Sei Investments Co. boosted its position in shares of Schwab U.S. TIPS ETF by 108.6% during the fourth quarter. Sei Investments Co. now owns 11,217,087 shares of the company’s stock valued at $289,734,000 after buying an additional 5,840,961 shares during the period. Lincoln National Corp boosted its position in shares of Schwab U.S. TIPS ETF by 100.2% during the fourth quarter. Lincoln National Corp now owns 8,227,198 shares of the company’s stock valued at $212,509,000 after buying an additional 4,118,522 shares during the period. Finally, Alliancebernstein L.P. grew its stake in shares of Schwab U.S. TIPS ETF by 109.6% during the fourth quarter. Alliancebernstein L.P. now owns 7,644,210 shares of the company’s stock valued at $197,450,000 after buying an additional 3,996,559 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP stock opened at $26.89 on Tuesday. The stock has a 50 day moving average price of $26.40 and a 200 day moving average price of $26.32. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96.

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.