Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC boosted its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 49.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,267 shares of the company’s stock after purchasing an additional 4,395 shares during the period. Park Avenue Securities LLC’s holdings in Schwab U.S. TIPS ETF were worth $343,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in SCHP. Renaissance Technologies LLC acquired a new stake in Schwab U.S. TIPS ETF in the second quarter valued at about $943,000. Smith Thornton Advisors LLC acquired a new stake in shares of Schwab U.S. TIPS ETF during the 2nd quarter valued at approximately $1,455,000. Full Sail Capital LLC lifted its position in shares of 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 valued at $34,366,000 after acquiring an additional 38,984 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in shares of Schwab U.S. TIPS ETF by 2.4% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 167,301 shares of the company’s stock valued at $8,701,000 after acquiring an additional 3,865 shares during the period. Finally, NewEdge Advisors LLC lifted its position in shares of Schwab U.S. TIPS ETF by 47.5% during the 2nd quarter. NewEdge Advisors LLC now owns 46,833 shares of the company’s stock valued at $2,436,000 after acquiring an additional 15,089 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $26.00 on Friday. The firm has a 50 day simple moving average of $26.03 and a 200-day simple moving average of $26.29. Schwab U.S. TIPS ETF has a 1-year low of $25.46 and a 1-year 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.