Abbrea Capital LLC Has $1.65 Million Stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Abbrea Capital LLC decreased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 3.1% during the 4th quarter, Holdings Channel reports. The fund owned 31,626 shares of the company’s stock after selling 1,000 shares during the quarter. Abbrea Capital LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,651,000 at the end of the most recent quarter.

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

Schwab U.S. TIPS ETF Price Performance

Shares of NYSEARCA SCHP traded up $0.12 during midday trading on Friday, reaching $51.33. The company’s stock had a trading volume of 1,513,180 shares, compared to its average volume of 1,242,660. Schwab U.S. TIPS ETF has a fifty-two week low of $49.50 and a fifty-two week high of $53.83. The stock has a 50 day simple moving average of $51.71 and a 200-day simple moving average of $51.46.

About Schwab U.S. TIPS ETF

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.