Sanctuary Advisors LLC Increases Stock Position in Schwab U.S. TIPS ETF $SCHP

Sanctuary Advisors LLC grew its holdings in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 17.1% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 175,353 shares of the company’s stock after purchasing an additional 25,552 shares during the period. Sanctuary Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $4,666,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SCHP. Brighton Jones LLC grew its holdings in Schwab U.S. TIPS ETF by 211.4% during the fourth quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock worth $541,000 after acquiring an additional 14,212 shares during the period. AQR Capital Management LLC lifted its holdings in Schwab U.S. TIPS ETF by 180.7% in the first quarter. AQR Capital Management LLC now owns 76,197 shares of the company’s stock valued at $2,049,000 after acquiring an additional 49,056 shares during the period. State Street Corp boosted 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 worth $69,360,000 after purchasing an additional 76,212 shares in the last quarter. Main Street Financial Solutions LLC boosted 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 worth $304,000 after purchasing an additional 2,312 shares in the last quarter. Finally, Alliancebernstein L.P. grew its stake 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 worth $209,004,000 after purchasing an additional 223,281 shares during the period.

Schwab U.S. TIPS ETF Price Performance

NYSEARCA:SCHP opened at $26.26 on Monday. The firm’s fifty day simple moving average is $26.50 and its 200-day simple moving average is $26.63. Schwab U.S. TIPS ETF has a fifty-two week low of $26.14 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.