Whittier Trust Co. Purchases 3,127 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Whittier Trust Co. increased its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 100.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,254 shares of the company’s stock after purchasing an additional 3,127 shares during the quarter. Whittier Trust Co.’s holdings in Schwab U.S. TIPS ETF were worth $161,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Empower Advisory Group LLC grew its stake in Schwab U.S. TIPS ETF by 116.0% in the fourth quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock worth $989,317,000 after purchasing an additional 20,565,226 shares in the last quarter. Municipal Employees Retirement System of Michigan bought a new position in Schwab U.S. TIPS ETF in the fourth quarter worth approximately $402,061,000. Quadratic Capital Management LLC grew its stake in Schwab U.S. TIPS ETF by 24.5% in the fourth quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock worth $367,692,000 after purchasing an additional 2,803,683 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Schwab U.S. TIPS ETF by 17.1% in the third quarter. JPMorgan Chase & Co. now owns 9,972,150 shares of the company’s stock worth $534,806,000 after purchasing an additional 1,458,886 shares in the last quarter. Finally, Lincoln National Corp lifted its holdings in Schwab U.S. TIPS ETF by 100.2% during the fourth quarter. Lincoln National Corp now owns 8,227,198 shares of the company’s stock worth $212,509,000 after buying an additional 4,118,522 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Schwab U.S. TIPS ETF stock opened at $26.66 on Monday. The business has a fifty day moving average of $26.30 and a two-hundred day moving average of $26.32. Schwab U.S. TIPS ETF has a twelve month low of $25.46 and a twelve month high of $26.96.

Schwab U.S. TIPS ETF 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.