Avantax Advisory Services Inc. Has $3.05 Million Holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Avantax Advisory Services Inc. grew its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 14.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 60,399 shares of the company’s stock after purchasing an additional 7,732 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Schwab U.S. TIPS ETF were worth $3,050,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Moneta Group Investment Advisors LLC grew its position in Schwab U.S. TIPS ETF by 83,208.8% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 7,912,667 shares of the company’s stock worth $409,797,000 after purchasing an additional 7,903,169 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Schwab U.S. TIPS ETF by 66,289.9% in the 2nd quarter. Sei Investments Co. now owns 4,910,196 shares of the company’s stock worth $257,443,000 after buying an additional 4,902,800 shares during the last quarter. Empower Advisory Group LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 24.9% in the third quarter. Empower Advisory Group LLC now owns 12,524,783 shares of the company’s stock valued at $632,376,000 after acquiring an additional 2,499,508 shares in the last quarter. Quadratic Capital Management LLC increased its position in shares of Schwab U.S. TIPS ETF by 19.0% during the third quarter. Quadratic Capital Management LLC now owns 14,279,084 shares of the company’s stock valued at $720,951,000 after acquiring an additional 2,281,058 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in Schwab U.S. TIPS ETF by 279.5% during the second quarter. Osaic Holdings Inc. now owns 1,962,936 shares of the company’s stock worth $22,212,000 after acquiring an additional 1,445,693 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA:SCHP opened at $51.66 on Tuesday. Schwab U.S. TIPS ETF has a 1 year low of $49.50 and a 1 year high of $54.10. The business has a fifty day moving average price of $51.89 and a two-hundred day moving average price of $51.29.

Schwab U.S. TIPS ETF Profile

(Free Report)

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.

Recommended Stories

Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Receive News & Ratings for Schwab U.S. TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.