Schwab U.S. TIPS ETF $SCHP Shares Newly Purchased by WASHINGTON TRUST Co

WASHINGTON TRUST Co purchased a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the third quarter, according to its most recent filing with the SEC. The firm purchased 92,463 shares of the company’s stock, valued at approximately $2,324,000.

Other institutional investors have also modified their holdings of the company. Lincoln National Corp raised its holdings in Schwab U.S. TIPS ETF by 180.0% during the first quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock worth $237,038,000 after purchasing an additional 5,726,082 shares during the last quarter. Baldwin Wealth Partners LLC MA purchased a new stake in Schwab U.S. TIPS ETF during the third quarter worth $39,649,000. Pictet Asset Management Holding SA raised its stake in shares of Schwab U.S. TIPS ETF by 1,764.9% during the 1st quarter. Pictet Asset Management Holding SA now owns 1,267,000 shares of the company’s stock worth $33,715,000 after buying an additional 1,199,060 shares during the last quarter. Avior Wealth Management LLC acquired a new position in shares of Schwab U.S. TIPS ETF during the 3rd quarter worth $27,214,000. Finally, Assetmark Inc. raised its stake in shares of Schwab U.S. TIPS ETF by 39.1% during the 1st quarter. Assetmark Inc. now owns 2,687,120 shares of the company’s stock worth $71,504,000 after buying an additional 755,117 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of Schwab U.S. TIPS ETF stock traded down $0.01 on Friday, hitting $25.63. The company’s stock had a trading volume of 3,170,779 shares, compared to its average volume of 4,809,083. Schwab U.S. TIPS ETF has a 52-week low of $25.01 and a 52-week high of $27.11. The firm has a fifty day moving average price of $25.56 and a 200-day moving average price of $26.15.

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.