Financial Architects LLC Buys 105,349 Shares of Schwab U.S. TIPS ETF $SCHP

Financial Architects LLC lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 7.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,434,570 shares of the company’s stock after purchasing an additional 105,349 shares during the quarter. Schwab U.S. TIPS ETF accounts for 20.4% of Financial Architects LLC’s holdings, making the stock its biggest holding. Financial Architects LLC owned approximately 0.25% of Schwab U.S. TIPS ETF worth $38,002,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. Wealthfront Advisers LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 11.6% during the 3rd quarter. Wealthfront Advisers LLC now owns 35,688,247 shares of the company’s stock worth $961,798,000 after purchasing an additional 3,718,170 shares in the last quarter. US Bancorp DE grew its holdings in shares of Schwab U.S. TIPS ETF by 899.8% during the 3rd quarter. US Bancorp DE now owns 16,265,679 shares of the company’s stock worth $438,361,000 after purchasing an additional 14,638,820 shares in the last quarter. Quadratic Capital Management LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 23.2% during the 4th quarter. Quadratic Capital Management LLC now owns 14,499,201 shares of the company’s stock worth $384,084,000 after purchasing an additional 2,732,156 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Schwab U.S. TIPS ETF by 3.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 14,174,158 shares of the company’s stock worth $381,994,000 after purchasing an additional 531,185 shares in the last quarter. Finally, Sei Investments Co. grew its holdings in shares of Schwab U.S. TIPS ETF by 4.0% during the 3rd quarter. Sei Investments Co. now owns 11,824,350 shares of the company’s stock worth $318,667,000 after purchasing an additional 458,736 shares in the last quarter.

Schwab U.S. TIPS ETF Price Performance

SCHP opened at $26.70 on Thursday. The business’s fifty day moving average is $26.73 and its 200-day moving average is $26.76. 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 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.