Eagle Bay Advisors LLC Raises Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Eagle Bay Advisors LLC grew its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 17.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 78,238 shares of the company’s stock after acquiring an additional 11,547 shares during the period. Schwab U.S. TIPS ETF comprises approximately 1.3% of Eagle Bay Advisors LLC’s holdings, making the stock its 14th biggest holding. Eagle Bay Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,021,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new stake in Schwab U.S. TIPS ETF during the 3rd quarter worth $483,000. TPG Advisors LLC purchased a new stake in Schwab U.S. TIPS ETF during the 2nd quarter worth $277,000. Full Sail Capital LLC increased its stake in Schwab U.S. TIPS ETF by 6.3% during the 2nd quarter. Full Sail Capital LLC now owns 660,753 shares of the company’s stock worth $34,366,000 after buying an additional 38,984 shares during the period. Brighton Jones LLC increased its stake in Schwab U.S. TIPS ETF by 16.4% during the 2nd quarter. Brighton Jones LLC now owns 8,954 shares of the company’s stock worth $466,000 after buying an additional 1,264 shares during the period. Finally, Marshall Financial Group Inc. ADV increased its stake in Schwab U.S. TIPS ETF by 0.7% during the 2nd quarter. Marshall Financial Group Inc. ADV now owns 399,730 shares of the company’s stock worth $20,790,000 after buying an additional 2,809 shares during the period.

Schwab U.S. TIPS ETF Price Performance

SCHP stock remained flat at $25.69 during mid-day trading on Monday. 1,961,250 shares of the company’s stock traded hands, compared to its average volume of 3,655,611. Schwab U.S. TIPS ETF has a 52 week low of $25.46 and a 52 week high of $26.96. The stock’s fifty day moving average is $26.09 and its two-hundred day moving average is $26.30.

About Schwab U.S. TIPS ETF

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.