Evolve Private Wealth LLC Invests $6.05 Million in Schwab U.S. TIPS ETF $SCHP

Evolve Private Wealth LLC acquired a new position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 228,456 shares of the company’s stock, valued at approximately $6,052,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its position in shares of Schwab U.S. TIPS ETF by 211.4% during the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after buying an additional 14,212 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Schwab U.S. TIPS ETF by 180.7% during the 1st quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock valued at $2,049,000 after buying an additional 49,056 shares in the last quarter. State Street Corp lifted its position in shares of Schwab U.S. TIPS ETF by 3.0% during the 2nd quarter. State Street Corp now owns 2,599,691 shares of the company’s stock valued at $69,360,000 after buying an additional 76,212 shares in the last quarter. Main Street Financial Solutions LLC lifted its position in shares of Schwab U.S. TIPS ETF by 25.5% during the 2nd quarter. Main Street Financial Solutions LLC now owns 11,390 shares of the company’s stock valued at $304,000 after buying an additional 2,312 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its position in shares of Schwab U.S. TIPS ETF by 2.9% during the 2nd quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock valued at $209,004,000 after buying an additional 223,281 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.6%

Shares of NYSEARCA:SCHP opened at $26.40 on Thursday. Schwab U.S. TIPS ETF has a 1 year low of $26.40 and a 1 year high of $27.19. The business’s 50 day moving average price is $26.71 and its 200-day moving average price is $26.68.

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.