Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Shares Bought by Ausdal Financial Partners Inc.

Ausdal Financial Partners Inc. boosted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 97.1% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 92,361 shares of the company’s stock after purchasing an additional 45,496 shares during the period. Ausdal Financial Partners Inc.’s holdings in Schwab U.S. TIPS ETF were worth $2,386,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Empower Advisory Group LLC raised its position in Schwab U.S. TIPS ETF by 116.0% during the fourth quarter. Empower Advisory Group LLC now owns 38,301,085 shares of the company’s stock valued at $989,317,000 after acquiring an additional 20,565,226 shares in the last quarter. Municipal Employees Retirement System of Michigan acquired a new position in shares of Schwab U.S. TIPS ETF in the 4th quarter valued at $402,061,000. Quadratic Capital Management LLC boosted its holdings in Schwab U.S. TIPS ETF by 24.5% during the fourth quarter. Quadratic Capital Management LLC now owns 14,235,092 shares of the company’s stock worth $367,692,000 after buying an additional 2,803,683 shares in the last quarter. Sei Investments Co. grew its position in Schwab U.S. TIPS ETF by 108.6% during the fourth quarter. Sei Investments Co. now owns 11,217,087 shares of the company’s stock valued at $289,734,000 after buying an additional 5,840,961 shares during the period. Finally, JPMorgan Chase & Co. increased its holdings 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 valued at $534,806,000 after buying an additional 1,458,886 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

SCHP stock opened at $26.62 on Wednesday. Schwab U.S. TIPS ETF has a 52-week low of $25.46 and a 52-week high of $26.96. The company’s 50-day simple moving average is $26.34 and its 200-day simple moving average is $26.32.

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.