Schwab U.S. TIPS ETF (NYSEARCA:SCHP) is Empower Advisory Group LLC’s 7th Largest Position

Empower Advisory Group LLC raised its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 116.0% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 38,301,085 shares of the company’s stock after buying an additional 20,565,226 shares during the quarter. Schwab U.S. TIPS ETF comprises about 3.3% of Empower Advisory Group LLC’s investment portfolio, making the stock its 7th largest holding. Empower Advisory Group LLC owned approximately 18.13% of Schwab U.S. TIPS ETF worth $989,317,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Salem Investment Counselors Inc. increased its holdings in shares of Schwab U.S. TIPS ETF by 91.8% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after acquiring an additional 506 shares in the last quarter. Independence Bank of Kentucky increased its holdings in shares of Schwab U.S. TIPS ETF by 107.0% during the fourth quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock valued at $32,000 after acquiring an additional 642 shares in the last quarter. Pathway Financial Advisers LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 101.9% during the fourth quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock valued at $34,000 after acquiring an additional 655 shares in the last quarter. First Community Trust NA increased its holdings in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. First Community Trust NA now owns 1,400 shares of the company’s stock valued at $36,000 after acquiring an additional 700 shares in the last quarter. Finally, S.A. Mason LLC increased its holdings in shares of Schwab U.S. TIPS ETF by 100.0% during the fourth quarter. S.A. Mason LLC now owns 1,520 shares of the company’s stock valued at $39,000 after acquiring an additional 760 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Up 0.2 %

Shares of NYSEARCA:SCHP opened at $26.30 on Monday. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96. The company’s 50 day moving average is $26.01 and its 200 day moving average is $26.30.

About Schwab U.S. TIPS ETF

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.