Thrivent Financial for Lutherans Raises Stock Holdings in Schwab U.S. TIPS ETF $SCHP

Thrivent Financial for Lutherans increased its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 114.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 351,462 shares of the company’s stock after purchasing an additional 187,588 shares during the quarter. Thrivent Financial for Lutherans owned approximately 0.06% of Schwab U.S. TIPS ETF worth $9,322,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in SCHP. Brighton Jones LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 211.4% during the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock worth $541,000 after purchasing an additional 14,212 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Schwab U.S. TIPS ETF by 180.7% during the 1st quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock worth $2,049,000 after purchasing an additional 49,056 shares during the last quarter. State Street Corp raised 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 buying an additional 76,212 shares during the last quarter. Main Street Financial Solutions LLC raised 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 buying an additional 2,312 shares during the last quarter. Finally, Alliancebernstein L.P. raised 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 buying an additional 223,281 shares during the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.3%

Schwab U.S. TIPS ETF stock opened at $26.55 on Wednesday. The stock has a 50-day moving average of $26.74 and a two-hundred day moving average of $26.72. Schwab U.S. TIPS ETF has a one year low of $26.20 and a one year high of $27.19.

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.