AMG National Trust Bank Increases Holdings in Schwab U.S. TIPS ETF $SCHP

AMG National Trust Bank grew its stake in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 15.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 182,209 shares of the company’s stock after acquiring an additional 23,737 shares during the quarter. AMG National Trust Bank’s holdings in Schwab U.S. TIPS ETF were worth $4,827,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the stock. US Bancorp DE grew its position in 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 valued at $438,361,000 after purchasing an additional 14,638,820 shares during the last quarter. Adventist Health System Sunbelt Healthcare Corp raised its holdings in Schwab U.S. TIPS ETF by 29,954.5% in the third quarter. Adventist Health System Sunbelt Healthcare Corp now owns 4,628,695 shares of the company’s stock worth $124,743,000 after buying an additional 4,613,294 shares during the last quarter. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Schwab U.S. TIPS ETF by 9,813.6% in the third quarter. Envestnet Portfolio Solutions Inc. now owns 3,918,443 shares of the company’s stock worth $105,602,000 after buying an additional 3,878,917 shares in the last quarter. Wealthfront Advisers LLC lifted its stake 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 worth $961,798,000 after buying an additional 3,718,170 shares in the last quarter. Finally, Quadratic Capital Management LLC grew its holdings in shares of Schwab U.S. TIPS ETF by 23.2% during the fourth quarter. Quadratic Capital Management LLC now owns 14,499,201 shares of the company’s stock valued at $384,084,000 after buying an additional 2,732,156 shares during the last quarter.

Schwab U.S. TIPS ETF Price Performance

Shares of SCHP opened at $26.91 on Tuesday. The firm has a 50 day moving average of $26.76 and a 200 day moving average of $26.75. Schwab U.S. TIPS ETF has a twelve month low of $26.20 and a twelve month 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.