C M Bidwell & Associates Ltd. Purchases Shares of 147,238 Schwab U.S. TIPS ETF $SCHP

C M Bidwell & Associates Ltd. bought a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 147,238 shares of the company’s stock, valued at approximately $3,902,000. Schwab U.S. TIPS ETF comprises approximately 1.6% of C M Bidwell & Associates Ltd.’s portfolio, making the stock its 15th largest holding.

A number of other large investors have also made changes to their positions in SCHP. Sei Investments Co. increased its position in Schwab U.S. TIPS ETF by 5.3% during the 1st quarter. Sei Investments Co. now owns 12,955,292 shares of the company’s stock valued at $344,741,000 after buying an additional 646,415 shares in the last quarter. Cerity Partners LLC increased its stake in Schwab U.S. TIPS ETF by 11.2% during the 4th quarter. Cerity Partners LLC now owns 9,291,730 shares of the company’s stock valued at $246,138,000 after purchasing an additional 936,063 shares in the last quarter. Evoke Wealth LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 16.5% in the fourth quarter. Evoke Wealth LLC now owns 9,032,516 shares of the company’s stock worth $239,272,000 after buying an additional 1,281,394 shares during the last quarter. Lincoln National Corp raised its holdings in shares of Schwab U.S. TIPS ETF by 180.0% in the first quarter. Lincoln National Corp now owns 8,907,849 shares of the company’s stock worth $237,038,000 after buying an additional 5,726,082 shares during the last quarter. Finally, CENTRAL TRUST Co lifted its stake in shares of Schwab U.S. TIPS ETF by 5.5% during the first quarter. CENTRAL TRUST Co now owns 8,055,215 shares of the company’s stock worth $214,349,000 after buying an additional 421,678 shares during the period.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $25.96 on Friday. The company’s fifty day moving average price is $26.19 and its 200-day moving average price is $26.54. Schwab U.S. TIPS ETF has a 1-year low of $25.87 and a 1-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.