Lido Advisors LLC Acquires 80,608 Shares of Schwab U.S. TIPS ETF $SCHP

Lido Advisors LLC acquired a new stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 80,608 shares of the company’s stock, valued at approximately $2,026,000.

Several other hedge funds have also recently bought and sold shares of the company. Sei Investments Co. grew its position in Schwab U.S. TIPS ETF by 5.3% in the 1st quarter. Sei Investments Co. now owns 12,955,292 shares of the company’s stock valued at $344,741,000 after acquiring an additional 646,415 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Schwab U.S. TIPS ETF by 5.0% during the second quarter. Envestnet Asset Management Inc. now owns 6,295,573 shares of the company’s stock worth $166,833,000 after purchasing an additional 300,734 shares in the last quarter. Alesco Advisors LLC An ESL Co lifted its position in shares of Schwab U.S. TIPS ETF by 2.8% during the first quarter. Alesco Advisors LLC An ESL Co now owns 6,121,252 shares of the company’s stock worth $162,887,000 after purchasing an additional 164,878 shares in the last quarter. Armstrong Advisory Group Inc. lifted its position in shares of Schwab U.S. TIPS ETF by 2.9% during the third quarter. Armstrong Advisory Group Inc. now owns 3,629,675 shares of the company’s stock worth $91,214,000 after purchasing an additional 102,157 shares in the last quarter. Finally, State Street Corp boosted its stake in shares of Schwab U.S. TIPS ETF by 3.5% in the second quarter. State Street Corp now owns 2,958,188 shares of the company’s stock valued at $78,392,000 after purchasing an additional 99,440 shares during the period.

Schwab U.S. TIPS ETF Trading Down 0.2%

Shares of NYSEARCA SCHP traded down $0.05 during midday trading on Friday, hitting $25.18. The company’s stock had a trading volume of 3,894,574 shares, compared to its average volume of 5,127,618. The business’s fifty day simple moving average is $25.43 and its two-hundred day simple moving average is $26.23. Schwab U.S. TIPS ETF has a 1 year low of $25.01 and a 1 year high of $26.99.

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.