Smith Thornton Advisors LLC Has $1.47 Million Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Smith Thornton Advisors LLC grew its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 105.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,889 shares of the company’s stock after acquiring an additional 29,182 shares during the quarter. Smith Thornton Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,469,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHP. Empower Advisory Group LLC lifted its position in shares of Schwab U.S. TIPS ETF by 5.1% during the 3rd quarter. Empower Advisory Group LLC now owns 17,735,859 shares of the company’s stock valued at $951,174,000 after acquiring an additional 857,417 shares during the period. Quadratic Capital Management LLC lifted its position 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 valued at $367,692,000 after acquiring an additional 2,803,683 shares during the period. JPMorgan Chase & Co. raised its holdings in Schwab U.S. TIPS ETF by 17.1% during the third quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock worth $534,806,000 after buying an additional 1,458,886 shares during the last quarter. Sei Investments Co. raised its holdings in Schwab U.S. TIPS ETF by 0.5% during the second quarter. Sei Investments Co. now owns 5,346,672 shares of the company’s stock worth $278,077,000 after buying an additional 25,514 shares during the last quarter. Finally, Cerity Partners LLC raised its holdings in 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 worth $210,377,000 after buying an additional 648,333 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP opened at $25.90 on Thursday. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year high of $26.96. The company’s fifty day moving average price is $26.06 and its two-hundred day moving average price 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.