Parallel Advisors LLC lessened its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Rating) by 87.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,404 shares of the company's stock after selling 23,128 shares during the quarter. Parallel Advisors LLC's holdings in Schwab U.S. TIPS ETF were worth $176,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in SCHP. Bank of New York Mellon Corp grew its position in Schwab U.S. TIPS ETF by 160.7% during the first quarter. Bank of New York Mellon Corp now owns 541,345 shares of the company's stock valued at $32,865,000 after buying an additional 333,656 shares during the period. Synovus Financial Corp increased its stake in shares of Schwab U.S. TIPS ETF by 11.6% during the 1st quarter. Synovus Financial Corp now owns 3,660 shares of the company's stock worth $223,000 after purchasing an additional 381 shares during the last quarter. Moors & Cabot Inc. raised its holdings in shares of Schwab U.S. TIPS ETF by 7.3% in the 1st quarter. Moors & Cabot Inc. now owns 8,144 shares of the company's stock worth $494,000 after purchasing an additional 551 shares during the period. Zions Bancorporation N.A. purchased a new position in Schwab U.S. TIPS ETF in the first quarter valued at approximately $65,000. Finally, NewEdge Advisors LLC grew its holdings in Schwab U.S. TIPS ETF by 65.1% during the first quarter. NewEdge Advisors LLC now owns 24,423 shares of the company's stock valued at $1,482,000 after purchasing an additional 9,629 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP opened at $53.54 on Monday. Schwab U.S. TIPS ETF has a 1 year low of $51.47 and a 1 year high of $59.71. The stock's fifty day moving average price is $53.00 and its two-hundred day moving average price is $52.65.

Schwab U.S. TIPS ETF Company Profile

(Get Rating)

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.

Read More

• Get a free copy of the StockNews.com research report on Schwab U.S. TIPS ETF (SCHP)
• MarketBeat Week in Review – 4/24 – 4/28
• How to Invest in the Top Grocery Stocks for This Year
• Array Technologies Brings Solar Flare To 2023 Earnings Forecast
• Best Bank Stocks to Invest in Ahead of Rising Interest Rates
• How to Invest in Farmland: 7 Simple Ways

Want to see what other hedge funds are holding SCHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Get Rating).

Receive News & Ratings for Schwab U.S. TIPS ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. TIPS ETF and related companies with MarketBeat.com's FREE daily email newsletter.