Schwab U.S. TIPS ETF $SCHP Stock Holdings Increased by Mercer Global Advisors Inc. ADV

Mercer Global Advisors Inc. ADV boosted its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 591.2% in the 3rd quarter, Holdings Channel reports. The firm owned 2,198,822 shares of the company’s stock after buying an additional 1,880,726 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in Schwab U.S. TIPS ETF were worth $59,258,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. 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 valued at $438,361,000 after buying an additional 14,638,820 shares in the last quarter. Adventist Health System Sunbelt Healthcare Corp boosted its stake in shares of Schwab U.S. TIPS ETF by 29,954.5% during the 3rd quarter. Adventist Health System Sunbelt Healthcare Corp now owns 4,628,695 shares of the company’s stock worth $124,743,000 after acquiring an additional 4,613,294 shares in the last quarter. Envestnet Portfolio Solutions Inc. grew its holdings in shares of Schwab U.S. TIPS ETF by 9,813.6% in the 3rd quarter. Envestnet Portfolio Solutions Inc. now owns 3,918,443 shares of the company’s stock worth $105,602,000 after acquiring an additional 3,878,917 shares during the last quarter. Wealthfront Advisers LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 11.6% in the 3rd quarter. Wealthfront Advisers LLC now owns 35,688,247 shares of the company’s stock worth $961,798,000 after acquiring an additional 3,718,170 shares during the last quarter. Finally, Quadratic Capital Management LLC raised its position in shares of Schwab U.S. TIPS ETF by 32.3% during the third quarter. Quadratic Capital Management LLC now owns 11,767,045 shares of the company’s stock worth $317,122,000 after purchasing an additional 2,870,303 shares during the period.

Analyst Ratings Changes

Separately, Sanford C. Bernstein raised Schwab U.S. TIPS ETF to a “hold” rating in a report on Friday, December 5th.

Schwab U.S. TIPS ETF Stock Up 0.2%

Shares of Schwab U.S. TIPS ETF stock opened at $26.76 on Tuesday. The business has a fifty day simple moving average of $26.70 and a 200-day simple moving average of $26.80. Schwab U.S. TIPS ETF has a 12 month low of $25.83 and a 12 month high of $27.19.

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.