OLD National Bancorp IN lowered its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 4.0% in the fourth quarter, HoldingsChannel.com reports. The firm owned 6,596 shares of the company’s stock after selling 275 shares during the quarter. OLD National Bancorp IN’s holdings in Schwab U.S. TIPS ETF were worth $344,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also recently modified their holdings of SCHP. Cerity Partners LLC lifted its position in Schwab U.S. TIPS ETF by 327.1% in the fourth quarter. Cerity Partners LLC now owns 13,385,973 shares of the company’s stock valued at $698,748,000 after acquiring an additional 10,251,581 shares during the last quarter. Empower Advisory Group LLC lifted its position in Schwab U.S. TIPS ETF by 24.9% in the third quarter. Empower Advisory Group LLC now owns 12,524,783 shares of the company’s stock valued at $632,376,000 after acquiring an additional 2,499,508 shares during the last quarter. Korea Investment CORP purchased a new stake in Schwab U.S. TIPS ETF in the third quarter valued at $29,284,000. JPMorgan Chase & Co. lifted its position in Schwab U.S. TIPS ETF by 8.4% in the third quarter. JPMorgan Chase & Co. now owns 7,306,113 shares of the company’s stock valued at $368,886,000 after acquiring an additional 566,822 shares during the last quarter. Finally, Financial Architects LLC purchased a new stake in Schwab U.S. TIPS ETF in the fourth quarter valued at $25,171,000.
Schwab U.S. TIPS ETF Price Performance
Shares of SCHP opened at $51.28 on Thursday. Schwab U.S. TIPS ETF has a 1-year low of $49.50 and a 1-year high of $53.92. The firm has a fifty day moving average price of $51.72 and a 200 day moving average price of $51.46.
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.
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Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report).
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