Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Short Interest Down 55.1% in August

Schwab U.S. TIPS ETF (NYSEARCA:SCHP) was the recipient of a large drop in short interest in August. As of August 14th, there was short interest totaling 403,863 shares, a drop of 55.1% from the July 30th total of 899,409 shares. Based on an average trading volume of 5,643,355 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of Schwab U.S. TIPS ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Lincoln National Corp boosted its holdings in Schwab U.S. TIPS ETF by 180.0% in the first quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock worth $237,038,000 after acquiring an additional 5,726,082 shares in the last quarter. Beacon Pointe Advisors LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 839.0% in the 4th quarter. Beacon Pointe Advisors LLC now owns 3,546,615 shares of the company’s stock worth $93,950,000 after purchasing an additional 3,168,924 shares in the last quarter. Nepc LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 64.9% in the 4th quarter. Nepc LLC now owns 7,572,111 shares of the company’s stock worth $200,585,000 after purchasing an additional 2,980,022 shares in the last quarter. Valpey Financial Services LLC grew its position in Schwab U.S. TIPS ETF by 2,722.6% in the 4th quarter. Valpey Financial Services LLC now owns 1,970,938 shares of the company’s stock valued at $52,210,000 after purchasing an additional 1,901,111 shares during the period. Finally, Arax Advisory Partners bought a new stake in Schwab U.S. TIPS ETF during the 4th quarter valued at $45,636,000.

Schwab U.S. TIPS ETF Stock Down 0.4%

Shares of Schwab U.S. TIPS ETF stock traded down $0.11 on Friday, hitting $25.93. 19,868,832 shares of the company’s stock traded hands, compared to its average volume of 4,571,326. Schwab U.S. TIPS ETF has a one year low of $25.87 and a one year high of $27.19. The company has a fifty day moving average of $26.14 and a two-hundred day moving average of $26.52.

Schwab U.S. TIPS ETF Company 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.