Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Sold by Stephens Group Asset Management LLC

Stephens Group Asset Management LLC cut its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Rating) by 1.2% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 439,256 shares of the company’s stock after selling 5,334 shares during the quarter. Schwab U.S. TIPS ETF accounts for approximately 2.6% of Stephens Group Asset Management LLC’s holdings, making the stock its 14th largest position. Stephens Group Asset Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $22,749,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of SCHP. Personal Capital Advisors Corp lifted its position in Schwab U.S. TIPS ETF by 13.4% during the third quarter. Personal Capital Advisors Corp now owns 7,788,005 shares of the company’s stock worth $403,419,000 after buying an additional 922,070 shares during the period. Franklin Resources Inc. lifted its holdings in shares of Schwab U.S. TIPS ETF by 8.6% during the 2nd quarter. Franklin Resources Inc. now owns 4,651,452 shares of the company’s stock worth $259,550,000 after acquiring an additional 366,542 shares during the period. Evoke Wealth LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 11.2% during the 3rd quarter. Evoke Wealth LLC now owns 4,140,657 shares of the company’s stock worth $214,277,000 after acquiring an additional 416,758 shares during the period. Jane Street Group LLC boosted its position in shares of Schwab U.S. TIPS ETF by 372.0% in the third quarter. Jane Street Group LLC now owns 2,538,087 shares of the company’s stock worth $131,473,000 after acquiring an additional 2,000,358 shares during the last quarter. Finally, Alesco Advisors LLC grew its holdings in Schwab U.S. TIPS ETF by 2.6% in the third quarter. Alesco Advisors LLC now owns 2,056,482 shares of the company’s stock valued at $106,526,000 after purchasing an additional 52,115 shares during the period.

Schwab U.S. TIPS ETF Stock Up 0.2 %

NYSEARCA:SCHP opened at $52.84 on Friday. The firm’s 50 day moving average is $52.54 and its two-hundred day moving average is $52.66. Schwab U.S. TIPS ETF has a fifty-two week low of $51.47 and a fifty-two week high of $62.12.

Schwab U.S. TIPS ETF Profile

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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.