Schwab U.S. TIPS ETF $SCHP Shares Newly Bought by Westover Capital Advisors LLC

Westover Capital Advisors LLC acquired a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 413,151 shares of the company’s stock, valued at approximately $10,382,000. Schwab U.S. TIPS ETF makes up about 1.7% of Westover Capital Advisors LLC’s holdings, making the stock its 17th largest holding. Westover Capital Advisors LLC owned about 0.06% of Schwab U.S. TIPS ETF as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the company. Sei Investments Co. boosted its stake in Schwab U.S. TIPS ETF by 5.3% in the first quarter. Sei Investments Co. now owns 12,955,292 shares of the company’s stock worth $344,741,000 after buying an additional 646,415 shares in the last quarter. Lincoln National Corp raised its stake in shares of Schwab U.S. TIPS ETF by 180.0% during the first 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. Envestnet Asset Management Inc. raised its stake 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 acquiring an additional 300,734 shares in the last quarter. Alesco Advisors LLC An ESL Co raised its stake 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 acquiring an additional 164,878 shares in the last quarter. Finally, Armstrong Advisory Group Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 2.9% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 3,629,675 shares of the company’s stock worth $91,214,000 after acquiring an additional 102,157 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP opened at $25.64 on Tuesday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.01 and a fifty-two week high of $27.11. The firm has a 50 day moving average price of $25.56 and a 200-day moving average price of $26.31.

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.