CENTRAL TRUST Co Has $214.35 Million Stock Position in Schwab U.S. TIPS ETF $SCHP

CENTRAL TRUST Co increased its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 5.5% in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 8,055,215 shares of the company’s stock after purchasing an additional 421,678 shares during the period. Schwab U.S. TIPS ETF makes up about 4.2% of CENTRAL TRUST Co’s holdings, making the stock its 3rd biggest holding. CENTRAL TRUST Co’s holdings in Schwab U.S. TIPS ETF were worth $214,349,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in SCHP. US Bancorp DE increased its holdings in shares of Schwab U.S. TIPS ETF by 899.8% in the third quarter. US Bancorp DE now owns 16,265,679 shares of the company’s stock worth $438,361,000 after buying an additional 14,638,820 shares during the period. Adventist Health System Sunbelt Healthcare Corp lifted its stake in shares of Schwab U.S. TIPS ETF by 29,954.5% in the 3rd quarter. Adventist Health System Sunbelt Healthcare Corp now owns 4,628,695 shares of the company’s stock valued at $124,743,000 after acquiring an additional 4,613,294 shares during the last quarter. Beacon Pointe Advisors LLC boosted its holdings in Schwab U.S. TIPS ETF by 839.0% during the 4th quarter. Beacon Pointe Advisors LLC now owns 3,546,615 shares of the company’s stock valued at $93,950,000 after acquiring an additional 3,168,924 shares during the period. Nepc LLC boosted its holdings in Schwab U.S. TIPS ETF by 64.9% during the 4th quarter. Nepc LLC now owns 7,572,111 shares of the company’s stock valued at $200,585,000 after acquiring an additional 2,980,022 shares during the period. Finally, Quadratic Capital Management LLC grew its position in Schwab U.S. TIPS ETF by 23.2% during the 4th quarter. Quadratic Capital Management LLC now owns 14,499,201 shares of the company’s stock worth $384,084,000 after acquiring an additional 2,732,156 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of Schwab U.S. TIPS ETF stock opened at $26.38 on Wednesday. The business’s 50 day simple moving average is $26.69 and its two-hundred day simple moving average is $26.67. Schwab U.S. TIPS ETF has a one year low of $26.37 and a one year 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.