First Heartland Consultants Inc. Raises Stock Holdings in Schwab U.S. TIPS ETF $SCHP

First Heartland Consultants Inc. raised its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 78.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 47,054 shares of the company’s stock after purchasing an additional 20,624 shares during the period. First Heartland Consultants Inc.’s holdings in Schwab U.S. TIPS ETF were worth $1,268,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Adventist Health System Sunbelt Healthcare Corp grew its stake in Schwab U.S. TIPS ETF by 29,954.5% in the 3rd quarter. Adventist Health System Sunbelt Healthcare Corp now owns 4,628,695 shares of the company’s stock valued at $124,743,000 after acquiring an additional 4,613,294 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in Schwab U.S. TIPS ETF by 9,813.6% during the third quarter. Envestnet Portfolio Solutions Inc. now owns 3,918,443 shares of the company’s stock valued at $105,602,000 after purchasing an additional 3,878,917 shares in the last quarter. Wealthfront Advisers LLC grew its position in shares of Schwab U.S. TIPS ETF by 11.6% in the third quarter. Wealthfront Advisers LLC now owns 35,688,247 shares of the company’s stock valued at $961,798,000 after purchasing an additional 3,718,170 shares during the period. Quadratic Capital Management LLC increased its stake 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 in the last quarter. Finally, Empower Advisory Group LLC increased its stake in shares of Schwab U.S. TIPS ETF by 4.9% during the second quarter. Empower Advisory Group LLC now owns 42,677,764 shares of the company’s stock worth $1,138,643,000 after purchasing an additional 2,007,959 shares in the last quarter.

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA SCHP opened at $26.83 on Wednesday. Schwab U.S. TIPS ETF has a 52 week low of $25.83 and a 52 week high of $27.19. The business’s fifty day simple moving average is $26.62 and its 200-day simple moving average is $26.79.

Analysts Set New Price Targets

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

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.