Schwab U.S. TIPS ETF $SCHP Shares Acquired by Manning & Napier Advisors LLC

Manning & Napier Advisors LLC lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 1,966.6% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 91,364 shares of the company’s stock after purchasing an additional 86,943 shares during the period. Manning & Napier Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $2,431,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Quadratic Capital Management LLC raised its holdings in 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 buying an additional 2,732,156 shares during the period. Cerity Partners LLC increased its position in shares of Schwab U.S. TIPS ETF by 11.2% in the fourth quarter. Cerity Partners LLC now owns 9,291,730 shares of the company’s stock worth $246,138,000 after acquiring an additional 936,063 shares in the last quarter. Evoke Wealth LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 16.5% during the fourth quarter. Evoke Wealth LLC now owns 9,032,516 shares of the company’s stock valued at $239,272,000 after acquiring an additional 1,281,394 shares during the period. CENTRAL TRUST Co raised its holdings in shares of Schwab U.S. TIPS ETF by 5.5% during the first quarter. CENTRAL TRUST Co now owns 8,055,215 shares of the company’s stock valued at $214,349,000 after acquiring an additional 421,678 shares during the period. Finally, Alliancebernstein L.P. raised its holdings in shares of Schwab U.S. TIPS ETF by 1.1% during the third quarter. Alliancebernstein L.P. now owns 7,918,767 shares of the company’s stock valued at $213,411,000 after acquiring an additional 85,047 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of NYSEARCA:SCHP remained flat at $26.23 during mid-day trading on Friday. 3,624,867 shares of the company traded hands, compared to its average volume of 4,440,845. The firm’s 50-day simple moving average is $26.56 and its 200 day simple moving average is $26.64. Schwab U.S. TIPS ETF has a fifty-two week low of $26.19 and a fifty-two 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.