Dorato Capital Management Takes Position in Schwab U.S. TIPS ETF $SCHP

Dorato Capital Management acquired a new position in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 251,870 shares of the company’s stock, valued at approximately $6,700,000. Schwab U.S. TIPS ETF accounts for 5.1% of Dorato Capital Management’s holdings, making the stock its 2nd largest position.

Several other institutional investors also recently bought and sold shares of the stock. Wealthfront Advisers LLC grew its position in 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 acquiring an additional 3,718,170 shares during the last quarter. US Bancorp DE boosted its stake in shares of Schwab U.S. TIPS ETF by 899.8% during the third 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 period. Quadratic Capital Management LLC boosted its stake 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 purchasing an additional 2,732,156 shares during the period. JPMorgan Chase & Co. grew its holdings in shares of Schwab U.S. TIPS ETF by 3.9% in the third 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 during the last quarter. Finally, Sei Investments Co. increased its stake in shares of Schwab U.S. TIPS ETF by 4.0% in the third quarter. Sei Investments Co. now owns 11,824,350 shares of the company’s stock worth $318,667,000 after buying an additional 458,736 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.5%

Shares of NYSEARCA SCHP opened at $26.68 on Friday. Schwab U.S. TIPS ETF has a 1 year low of $25.83 and a 1 year high of $27.19. The company’s 50-day moving average is $26.72 and its 200 day moving average is $26.77.

Wall Street Analysts Forecast Growth

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 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.