Schwab U.S. TIPS ETF (NYSEARCA:SCHP) Sees Unusually-High Trading Volume – What’s Next?

Schwab U.S. TIPS ETF (NYSEARCA:SCHP) saw unusually-high trading volume on Thursday . Approximately 13,175,181 shares changed hands during trading, an increase of 138% from the previous session’s volume of 5,524,885 shares.The stock last traded at $26.5950 and had previously closed at $26.60.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein upgraded shares of Schwab U.S. TIPS ETF to a “hold” rating in a research note on Friday, December 5th.

Schwab U.S. TIPS ETF Stock Down 0.1%

The stock has a 50 day simple moving average of $26.69 and a 200-day simple moving average of $26.77.

Institutional Investors Weigh In On Schwab U.S. TIPS ETF

Hedge funds have recently bought and sold shares of the business. ORG Partners LLC lifted its position in Schwab U.S. TIPS ETF by 2.0% during the third quarter. ORG Partners LLC now owns 19,090 shares of the company’s stock valued at $515,000 after purchasing an additional 377 shares during the last quarter. Glass Jacobson Investment Advisors llc raised its position in shares of Schwab U.S. TIPS ETF by 35.3% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock valued at $40,000 after buying an additional 383 shares in the last quarter. CWC Advisors LLC. lifted its holdings in shares of Schwab U.S. TIPS ETF by 3.4% in the 2nd quarter. CWC Advisors LLC. now owns 11,653 shares of the company’s stock valued at $311,000 after acquiring an additional 384 shares during the last quarter. Pine Haven Investment Counsel Inc grew its position in Schwab U.S. TIPS ETF by 0.9% in the fourth quarter. Pine Haven Investment Counsel Inc now owns 42,192 shares of the company’s stock worth $1,118,000 after acquiring an additional 390 shares in the last quarter. Finally, Financial Freedom LLC grew its position in Schwab U.S. TIPS ETF by 0.5% in the second quarter. Financial Freedom LLC now owns 79,080 shares of the company’s stock worth $2,110,000 after acquiring an additional 405 shares in the last quarter.

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.