Schwab U.S. TIPS ETF $SCHP Shares Bought by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans raised its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 114.5% during the 4th quarter, Holdings Channel reports. The firm owned 351,462 shares of the company’s stock after buying an additional 187,588 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Schwab U.S. TIPS ETF were worth $9,322,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 211.4% in the fourth quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock worth $541,000 after acquiring an additional 14,212 shares during the last quarter. AQR Capital Management LLC boosted its stake in shares of Schwab U.S. TIPS ETF by 180.7% in the first quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock worth $2,049,000 after acquiring an additional 49,056 shares during the last quarter. State Street Corp lifted its position in Schwab U.S. TIPS ETF by 3.0% during the second quarter. State Street Corp now owns 2,599,691 shares of the company’s stock worth $69,360,000 after buying an additional 76,212 shares in the last quarter. Main Street Financial Solutions LLC lifted its position in Schwab U.S. TIPS ETF by 25.5% during the second quarter. Main Street Financial Solutions LLC now owns 11,390 shares of the company’s stock worth $304,000 after buying an additional 2,312 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in Schwab U.S. TIPS ETF by 2.9% during the second quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock worth $209,004,000 after buying an additional 223,281 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.3%

Shares of Schwab U.S. TIPS ETF stock opened at $26.55 on Wednesday. Schwab U.S. TIPS ETF has a one year low of $26.20 and a one year high of $27.19. The business’s 50 day moving average price is $26.74 and its 200 day moving average price is $26.72.

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.