Carolina Wealth Advisors LLC Raises Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Carolina Wealth Advisors LLC raised its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 99.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 790,572 shares of the company’s stock after acquiring an additional 394,062 shares during the period. Schwab U.S. TIPS ETF accounts for about 11.0% of Carolina Wealth Advisors LLC’s investment portfolio, making the stock its 2nd biggest holding. Carolina Wealth Advisors LLC owned about 0.37% of Schwab U.S. TIPS ETF worth $20,420,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently made changes to their positions in SCHP. Quadratic Capital Management LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 24.5% in 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 during the period. Cerity Partners OCIO LLC bought a new position in Schwab U.S. TIPS ETF in the 2nd quarter worth approximately $130,469,000. JPMorgan Chase & Co. raised its stake 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 valued at $534,806,000 after acquiring an additional 1,458,886 shares in the last quarter. Greenline Partners LLC bought a new stake in Schwab U.S. TIPS ETF during the 2nd quarter valued at $45,303,000. Finally, Stephens Group Asset Management LLC grew its stake 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 worth $43,827,000 after purchasing an additional 872,511 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.7 %

SCHP stock opened at $25.90 on Thursday. The company has a 50-day simple moving average of $26.06 and a 200 day simple moving average of $26.30. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96.

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.