Lutz Financial Services LLC Grows Stock Holdings in Schwab U.S. TIPS ETF $SCHP

Lutz Financial Services LLC increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 10.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,206,735 shares of the company’s stock after purchasing an additional 216,519 shares during the quarter. Schwab U.S. TIPS ETF comprises about 4.0% of Lutz Financial Services LLC’s portfolio, making the stock its 8th biggest position. Lutz Financial Services LLC owned 0.39% of Schwab U.S. TIPS ETF worth $58,456,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in SCHP. Brighton Jones LLC boosted its holdings in Schwab U.S. TIPS ETF by 211.4% in the fourth quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after acquiring an additional 14,212 shares during the last quarter. AQR Capital Management LLC boosted its stake in Schwab U.S. TIPS ETF by 180.7% in the first quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock valued at $2,049,000 after acquiring an additional 49,056 shares during the last quarter. State Street Corp boosted its stake in Schwab U.S. TIPS ETF by 3.0% in the second quarter. State Street Corp now owns 2,599,691 shares of the company’s stock valued at $69,360,000 after acquiring an additional 76,212 shares during the last quarter. Main Street Financial Solutions LLC boosted its stake in Schwab U.S. TIPS ETF by 25.5% in the second quarter. Main Street Financial Solutions LLC now owns 11,390 shares of the company’s stock valued at $304,000 after acquiring an additional 2,312 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its stake in Schwab U.S. TIPS ETF by 2.9% in the second quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock valued at $209,004,000 after acquiring an additional 223,281 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Down 0.1%

Shares of SCHP stock opened at $26.64 on Tuesday. Schwab U.S. TIPS ETF has a 52-week low of $26.20 and a 52-week high of $27.19. The firm’s 50 day moving average price is $26.74 and its two-hundred day moving average price is $26.72.

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.