UBS Group AG Acquires 104,577 Shares of Schwab U.S. TIPS ETF $SCHP

UBS Group AG raised its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,441,011 shares of the company’s stock after purchasing an additional 104,577 shares during the quarter. UBS Group AG owned 0.96% of Schwab U.S. TIPS ETF worth $144,132,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of SCHP. Brighton Jones LLC increased its stake in Schwab U.S. TIPS ETF by 211.4% during the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after purchasing an additional 14,212 shares in the last quarter. AQR Capital Management LLC increased its stake in Schwab U.S. TIPS ETF by 180.7% during the 1st quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock valued at $2,049,000 after purchasing an additional 49,056 shares in the last quarter. State Street Corp increased its stake in Schwab U.S. TIPS ETF by 3.0% during the 2nd quarter. State Street Corp now owns 2,599,691 shares of the company’s stock valued at $69,360,000 after purchasing an additional 76,212 shares in the last quarter. Main Street Financial Solutions LLC increased its stake in Schwab U.S. TIPS ETF by 25.5% during the 2nd quarter. Main Street Financial Solutions LLC now owns 11,390 shares of the company’s stock valued at $304,000 after purchasing an additional 2,312 shares in the last quarter. Finally, Alliancebernstein L.P. increased its stake in Schwab U.S. TIPS ETF by 2.9% during the 2nd quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock valued at $209,004,000 after purchasing an additional 223,281 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP stock opened at $26.87 on Friday. The firm has a fifty day simple moving average of $26.76 and a two-hundred day simple moving average of $26.75. Schwab U.S. TIPS ETF has a 12 month low of $26.20 and a 12 month high of $27.19.

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.