Aptus Capital Advisors LLC Grows Stake in Schwab U.S. TIPS ETF $SCHP

Aptus Capital Advisors LLC grew its position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 14.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 241,178 shares of the company’s stock after acquiring an additional 30,735 shares during the quarter. Aptus Capital Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $6,500,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of SCHP. Empower Advisory Group LLC boosted its stake in 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 buying an additional 2,007,959 shares during the last quarter. Wealthfront Advisers LLC increased its stake in shares of Schwab U.S. TIPS ETF by 11.6% in the 3rd quarter. Wealthfront Advisers LLC now owns 35,688,247 shares of the company’s stock worth $961,798,000 after acquiring an additional 3,718,170 shares during the last quarter. US Bancorp DE increased its stake in shares of Schwab U.S. TIPS ETF by 899.8% in the 3rd quarter. US Bancorp DE now owns 16,265,679 shares of the company’s stock worth $438,361,000 after acquiring an additional 14,638,820 shares during the last quarter. JPMorgan Chase & Co. raised 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 acquiring an additional 531,185 shares during the period. Finally, Quadratic Capital Management LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 32.3% during the 3rd quarter. Quadratic Capital Management LLC now owns 11,767,045 shares of the company’s stock worth $317,122,000 after acquiring an additional 2,870,303 shares during the period.

Analyst Upgrades and Downgrades

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

Schwab U.S. TIPS ETF Stock Performance

NYSEARCA:SCHP opened at $26.85 on Friday. Schwab U.S. TIPS ETF has a 52 week low of $25.83 and a 52 week high of $27.19. The stock’s fifty day moving average is $26.67 and its two-hundred day moving average is $26.80.

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.