Elm Partners Management LLC Has $187.35 Million Position in Schwab U.S. TIPS ETF $SCHP

Elm Partners Management LLC grew its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 28.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,072,390 shares of the company’s stock after acquiring an additional 1,565,715 shares during the quarter. Schwab U.S. TIPS ETF accounts for 8.5% of Elm Partners Management LLC’s portfolio, making the stock its 3rd largest holding. Elm Partners Management LLC’s holdings in Schwab U.S. TIPS ETF were worth $187,348,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Founders Financial Alliance LLC raised its stake in shares of Schwab U.S. TIPS ETF by 392.8% in the third quarter. Founders Financial Alliance LLC now owns 961 shares of the company’s stock valued at $26,000 after purchasing an additional 766 shares in the last quarter. Lloyd Advisory Services LLC. acquired a new position in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at $29,000. Olistico Wealth LLC acquired a new position in shares of Schwab U.S. TIPS ETF in the fourth quarter valued at $30,000. Ameritas Investment Partners Inc. raised its stake in shares of Schwab U.S. TIPS ETF by 83.9% in the third quarter. Ameritas Investment Partners Inc. now owns 1,199 shares of the company’s stock valued at $32,000 after purchasing an additional 547 shares in the last quarter. Finally, AlphaCore Capital LLC raised its stake in shares of Schwab U.S. TIPS ETF by 375.9% in the third quarter. AlphaCore Capital LLC now owns 1,561 shares of the company’s stock valued at $42,000 after purchasing an additional 1,233 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA SCHP opened at $26.83 on Friday. The business has a fifty day simple moving average of $26.72 and a 200 day simple moving average of $26.71. Schwab U.S. TIPS ETF has a one year low of $26.20 and a one year high of $27.19.

Schwab U.S. TIPS ETF 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.