RHS Financial LLC Increases Stock Position in Schwab U.S. TIPS ETF $SCHP

RHS Financial LLC increased its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 34.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 99,653 shares of the company’s stock after buying an additional 25,695 shares during the period. Schwab U.S. TIPS ETF comprises approximately 1.5% of RHS Financial LLC’s holdings, making the stock its 23rd biggest holding. RHS Financial LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,659,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in shares of Schwab U.S. TIPS ETF by 1,240.8% in the first quarter. JPMorgan Chase & Co. now owns 17,556,656 shares of the company’s stock worth $472,102,000 after acquiring an additional 16,247,258 shares in the last quarter. Wealthfront Advisers LLC grew its stake in Schwab U.S. TIPS ETF by 26.9% during the 1st quarter. Wealthfront Advisers LLC now owns 28,220,930 shares of the company’s stock valued at $758,861,000 after purchasing an additional 5,986,682 shares in the last quarter. Empower Advisory Group LLC increased its holdings in Schwab U.S. TIPS ETF by 6.2% during the 1st quarter. Empower Advisory Group LLC now owns 40,669,805 shares of the company’s stock worth $1,093,611,000 after purchasing an additional 2,368,720 shares during the last quarter. Kingstone Capital Partners Texas LLC purchased a new stake in Schwab U.S. TIPS ETF during the 2nd quarter worth approximately $28,606,000. Finally, Garde Capital Inc. acquired a new position in shares of Schwab U.S. TIPS ETF in the 1st quarter valued at approximately $28,300,000.

Schwab U.S. TIPS ETF Price Performance

SCHP stock opened at $26.99 on Monday. Schwab U.S. TIPS ETF has a twelve month low of $25.68 and a twelve month high of $27.19. The firm has a 50 day simple moving average of $26.88 and a 200-day simple moving average of $26.63.

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.