VCI Wealth Management LLC Makes New Investment in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

VCI Wealth Management LLC acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the 4th quarter, Holdings Channel.com reports. The fund acquired 90,067 shares of the company’s stock, valued at approximately $4,702,000. Schwab U.S. TIPS ETF makes up 2.9% of VCI Wealth Management LLC’s holdings, making the stock its 7th biggest position.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Charles Schwab Investment Advisory Inc. boosted its stake in Schwab U.S. TIPS ETF by 1.9% during the third quarter. Charles Schwab Investment Advisory Inc. now owns 17,277,796 shares of the company’s stock worth $872,356,000 after buying an additional 314,855 shares during the period. Quadratic Capital Management LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 1.1% during the fourth quarter. Quadratic Capital Management LLC now owns 14,432,753 shares of the company’s stock valued at $753,390,000 after purchasing an additional 153,669 shares during the period. Cerity Partners LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 327.1% during the fourth quarter. Cerity Partners LLC now owns 13,385,973 shares of the company’s stock valued at $698,748,000 after purchasing an additional 10,251,581 shares during the period. Empower Advisory Group LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 24.9% during the third quarter. Empower Advisory Group LLC now owns 12,524,783 shares of the company’s stock valued at $632,376,000 after purchasing an additional 2,499,508 shares during the period. Finally, JPMorgan Chase & Co. boosted its stake in shares of Schwab U.S. TIPS ETF by 8.4% during the third quarter. JPMorgan Chase & Co. now owns 7,306,113 shares of the company’s stock valued at $368,886,000 after purchasing an additional 566,822 shares during the period.

Schwab U.S. TIPS ETF Stock Down 0.1 %

Shares of SCHP traded down $0.07 during trading hours on Thursday, reaching $51.21. 1,307,691 shares of the company traded hands, compared to its average volume of 1,239,280. Schwab U.S. TIPS ETF has a 12-month low of $49.50 and a 12-month high of $53.92. The stock’s fifty day moving average price is $51.72 and its 200 day moving average price is $51.46.

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.