Schwab U.S. TIPS ETF $SCHP is Adventist Health System Sunbelt Healthcare Corp’s 7th Largest Position

Adventist Health System Sunbelt Healthcare Corp lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 29,954.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,628,695 shares of the company’s stock after buying an additional 4,613,294 shares during the period. Schwab U.S. TIPS ETF makes up approximately 5.4% of Adventist Health System Sunbelt Healthcare Corp’s investment portfolio, making the stock its 7th biggest holding. Adventist Health System Sunbelt Healthcare Corp owned 0.85% of Schwab U.S. TIPS ETF worth $124,743,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in SCHP. Assetmark Inc. raised its position in Schwab U.S. TIPS ETF by 4.5% during the third quarter. Assetmark Inc. now owns 2,045,996 shares of the company’s stock valued at $55,140,000 after acquiring an additional 88,125 shares in the last quarter. Kohmann Bosshard Financial Services LLC boosted its holdings in Schwab U.S. TIPS ETF by 0.8% during the second quarter. Kohmann Bosshard Financial Services LLC now owns 1,246,241 shares of the company’s stock worth $33,250,000 after buying an additional 10,425 shares in the last quarter. Abbington Investment Group purchased a new position in Schwab U.S. TIPS ETF in the third quarter valued at $1,927,000. Armstrong Advisory Group Inc. raised its position in shares of Schwab U.S. TIPS ETF by 6,626.5% in the third quarter. Armstrong Advisory Group Inc. now owns 621,258 shares of the company’s stock worth $16,743,000 after acquiring an additional 612,022 shares during the period. Finally, Altfest L J & Co. Inc. grew its position in shares of Schwab U.S. TIPS ETF by 2.5% during the 3rd quarter. Altfest L J & Co. Inc. now owns 1,009,579 shares of the company’s stock valued at $27,208,000 after acquiring an additional 24,538 shares during the period.

Wall Street Analyst Weigh In

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

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA:SCHP opened at $26.83 on Tuesday. The business has a fifty day moving average of $26.61 and a two-hundred day moving average of $26.79. Schwab U.S. TIPS ETF has a 52-week low of $25.83 and a 52-week 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.