Raleigh Capital Management Inc. Grows Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Raleigh Capital Management Inc. increased its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 118.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,976 shares of the company’s stock after acquiring an additional 2,160 shares during the period. Raleigh Capital Management Inc.’s holdings in Schwab U.S. TIPS ETF were worth $103,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of SCHP. Quadratic Capital Management LLC lifted its position in Schwab U.S. TIPS ETF by 24.5% in the fourth quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock valued at $367,692,000 after purchasing an additional 2,803,683 shares during the last quarter. JPMorgan Chase & Co. raised its holdings 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 buying an additional 1,458,886 shares during the last quarter. Stephens Group Asset Management LLC raised its holdings in Schwab U.S. TIPS ETF by 105.9% during the 4th quarter. Stephens Group Asset Management LLC now owns 1,696,759 shares of the company’s stock valued at $43,827,000 after buying an additional 872,511 shares during the last quarter. Empower Advisory Group LLC boosted its position in 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 buying an additional 857,417 shares during the period. Finally, LifeGuide Financial Advisors LLC grew its holdings in Schwab U.S. TIPS ETF by 110.6% in the 4th quarter. LifeGuide Financial Advisors LLC now owns 1,567,621 shares of the company’s stock worth $40,492,000 after acquiring an additional 823,329 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

SCHP stock opened at $25.96 on Friday. The firm’s 50-day moving average price is $26.04 and its two-hundred day moving average price is $26.30. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month 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.