Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Sees Large Volume Increase – Time to Buy?

Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) saw strong trading volume on Monday . 14,487,883 shares were traded during trading, an increase of 232% from the previous session’s volume of 4,358,132 shares.The stock last traded at $26.56 and had previously closed at $26.54.

Schwab U.S. TIPS ETF Trading Up 0.1%

The company’s fifty day moving average price is $26.72 and its 200 day moving average price is $26.69.

Institutional Trading of Schwab U.S. TIPS ETF

Several large investors have recently made changes to their positions in SCHP. US Bancorp DE boosted its position in shares of Schwab U.S. TIPS ETF by 899.8% during the 3rd quarter. US Bancorp DE now owns 16,265,679 shares of the company’s stock worth $438,361,000 after acquiring an additional 14,638,820 shares in the last quarter. Lincoln National Corp boosted its position in shares of Schwab U.S. TIPS ETF by 180.0% during the 1st 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. Adventist Health System Sunbelt Healthcare Corp boosted its position in shares of Schwab U.S. TIPS ETF by 29,954.5% during the 3rd quarter. Adventist Health System Sunbelt Healthcare Corp now owns 4,628,695 shares of the company’s stock worth $124,743,000 after acquiring an additional 4,613,294 shares in the last quarter. Beacon Pointe Advisors LLC boosted its position in shares of Schwab U.S. TIPS ETF by 839.0% during the 4th quarter. Beacon Pointe Advisors LLC now owns 3,546,615 shares of the company’s stock worth $93,950,000 after acquiring an additional 3,168,924 shares in the last quarter. Finally, Nepc LLC boosted its position in shares of Schwab U.S. TIPS ETF by 64.9% during the 4th quarter. Nepc LLC now owns 7,572,111 shares of the company’s stock worth $200,585,000 after acquiring an additional 2,980,022 shares in the last quarter.

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.