Valpey Financial Services LLC Raises Stock Position in Schwab U.S. TIPS ETF $SCHP

Valpey Financial Services LLC grew its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 2,722.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,970,938 shares of the company’s stock after purchasing an additional 1,901,111 shares during the period. Valpey Financial Services LLC owned about 0.35% of Schwab U.S. TIPS ETF worth $52,210,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Wealthfront Advisers LLC increased its stake in Schwab U.S. TIPS ETF by 11.6% during the third quarter. Wealthfront Advisers LLC now owns 35,688,247 shares of the company’s stock worth $961,798,000 after purchasing an additional 3,718,170 shares during the period. US Bancorp DE increased its stake in 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 worth $438,361,000 after purchasing an additional 14,638,820 shares during the period. Quadratic Capital Management LLC increased its stake in 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 worth $384,084,000 after purchasing an additional 2,732,156 shares during the period. JPMorgan Chase & Co. increased its stake in Schwab U.S. TIPS ETF by 3.9% during 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 period. Finally, Sei Investments Co. increased its stake in Schwab U.S. TIPS ETF by 4.0% during the third quarter. Sei Investments Co. now owns 11,824,350 shares of the company’s stock worth $318,667,000 after purchasing an additional 458,736 shares during the period.

Schwab U.S. TIPS ETF Trading Up 0.3%

Shares of NYSEARCA:SCHP opened at $26.82 on Friday. The firm’s 50-day moving average is $26.72 and its two-hundred day moving average is $26.71. Schwab U.S. TIPS ETF has a 1 year low of $26.20 and a 1 year 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.