Renaissance Technologies LLC Has $1.07 Million Stock Position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Renaissance Technologies LLC cut its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 37.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 41,300 shares of the company’s stock after selling 24,500 shares during the quarter. Renaissance Technologies LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,067,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the company. Empower Advisory Group LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 116.0% during the 4th quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock worth $989,317,000 after purchasing an additional 20,565,226 shares during the period. Municipal Employees Retirement System of Michigan acquired a new position in Schwab U.S. TIPS ETF in the 4th quarter valued at approximately $402,061,000. Sei Investments Co. lifted its position in shares of Schwab U.S. TIPS ETF by 108.6% in the 4th quarter. Sei Investments Co. now owns 11,217,087 shares of the company’s stock worth $289,734,000 after acquiring an additional 5,840,961 shares during the period. Lincoln National Corp grew its holdings in shares of Schwab U.S. TIPS ETF by 100.2% during the 4th quarter. Lincoln National Corp now owns 8,227,198 shares of the company’s stock worth $212,509,000 after purchasing an additional 4,118,522 shares in the last quarter. Finally, Cerity Partners LLC increased its position in shares of Schwab U.S. TIPS ETF by 104.1% during the fourth quarter. Cerity Partners LLC now owns 8,004,393 shares of the company’s stock valued at $206,753,000 after purchasing an additional 4,081,650 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.2 %

SCHP opened at $26.83 on Thursday. The firm’s fifty day moving average price is $26.57 and its two-hundred day moving average price is $26.29. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $27.06.

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.