Schwab U.S. TIPS ETF $SCHP Stake Raised by Prentice Wealth Management LLC

Prentice Wealth Management LLC boosted its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 6.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 986,929 shares of the company’s stock after purchasing an additional 58,064 shares during the period. Schwab U.S. TIPS ETF comprises 6.6% of Prentice Wealth Management LLC’s holdings, making the stock its 4th biggest holding. Prentice Wealth Management LLC owned approximately 0.18% of Schwab U.S. TIPS ETF worth $26,598,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of the business. Brighton Jones LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 211.4% during the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock worth $541,000 after acquiring an additional 14,212 shares during the last quarter. Raymond James Financial Inc. increased its stake in Schwab U.S. TIPS ETF by 3.8% in the first quarter. Raymond James Financial Inc. now owns 764,480 shares of the company’s stock worth $20,557,000 after purchasing an additional 27,917 shares during the period. Jasper Ridge Partners L.P. increased its stake in Schwab U.S. TIPS ETF by 3.8% in the 1st quarter. Jasper Ridge Partners L.P. now owns 7,808,873 shares of the company’s stock worth $209,981,000 after buying an additional 289,378 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in Schwab U.S. TIPS ETF by 382.4% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 130,987 shares of the company’s stock valued at $3,522,000 after buying an additional 103,832 shares in the last quarter. Finally, Smartleaf Asset Management LLC boosted its position in Schwab U.S. TIPS ETF by 125.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 30,738 shares of the company’s stock valued at $823,000 after buying an additional 17,083 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.1%

Shares of Schwab U.S. TIPS ETF stock opened at $26.71 on Friday. The firm’s 50 day moving average price is $26.87 and its 200-day moving average price is $26.75. Schwab U.S. TIPS ETF has a 52-week low of $25.68 and a 52-week high of $27.19.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised shares of Schwab U.S. TIPS ETF to a “hold” rating in a research report on Friday, December 5th.

Get Our Latest Report on SCHP

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.

See Also

Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report).

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

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