Elm Partners Management LLC Has $148.41 Million Stock Holdings in Schwab U.S. TIPS ETF $SCHP

Elm Partners Management LLC raised its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHPFree Report) by 22.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,506,675 shares of the company’s stock after buying an additional 1,019,152 shares during the quarter. Schwab U.S. TIPS ETF accounts for approximately 7.4% of Elm Partners Management LLC’s holdings, making the stock its 5th biggest holding. Elm Partners Management LLC owned approximately 1.01% of Schwab U.S. TIPS ETF worth $148,405,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in SCHP. Financial Consulate Inc. bought a new stake in Schwab U.S. TIPS ETF in the third quarter valued at about $29,000. Bessemer Group Inc. acquired a new stake in Schwab U.S. TIPS ETF during the second quarter valued at approximately $32,000. Hantz Financial Services Inc. bought a new stake in shares of Schwab U.S. TIPS ETF in the 2nd quarter valued at approximately $35,000. Bogart Wealth LLC grew its stake in shares of Schwab U.S. TIPS ETF by 64.1% in the 2nd quarter. Bogart Wealth LLC now owns 1,411 shares of the company’s stock valued at $38,000 after purchasing an additional 551 shares during the period. Finally, Glass Jacobson Investment Advisors llc raised its holdings in shares of Schwab U.S. TIPS ETF by 35.3% in the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,469 shares of the company’s stock worth $40,000 after buying an additional 383 shares in the last quarter.

Schwab U.S. TIPS ETF Trading Down 0.3%

Shares of SCHP opened at $26.57 on Tuesday. The business’s fifty day moving average price is $26.62 and its two-hundred day moving average price is $26.78. Schwab U.S. TIPS ETF has a 52 week low of $25.83 and a 52 week high of $27.19.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised Schwab U.S. TIPS ETF to a “hold” rating in a research note on Friday, December 5th.

Get Our Latest Stock Analysis on Schwab U.S. TIPS ETF

Schwab U.S. TIPS ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

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