Principal Securities Inc. Purchases 81,422 Shares of Schwab U.S. TIPS ETF $SCHP

Principal Securities Inc. grew its position in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 5.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,582,458 shares of the company’s stock after acquiring an additional 81,422 shares during the quarter. Principal Securities Inc. owned about 0.28% of Schwab U.S. TIPS ETF worth $41,919,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in SCHP. Brighton Jones LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 211.4% in the 4th quarter. Brighton Jones LLC now owns 20,936 shares of the company’s stock valued at $541,000 after acquiring an additional 14,212 shares during the last quarter. AQR Capital Management LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 180.7% in the 1st 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 last quarter. State Street Corp lifted its holdings in shares of Schwab U.S. TIPS ETF by 3.0% in the 2nd quarter. State Street Corp now owns 2,599,691 shares of the company’s stock valued at $69,360,000 after acquiring an additional 76,212 shares during the last quarter. Main Street Financial Solutions LLC lifted its holdings in shares of Schwab U.S. TIPS ETF by 25.5% in the 2nd quarter. Main Street Financial Solutions LLC now owns 11,390 shares of the company’s stock valued at $304,000 after acquiring an additional 2,312 shares during the last quarter. Finally, Alliancebernstein L.P. lifted its holdings in shares of Schwab U.S. TIPS ETF by 2.9% in the 2nd quarter. Alliancebernstein L.P. now owns 7,833,720 shares of the company’s stock valued at $209,004,000 after acquiring an additional 223,281 shares during the last quarter.

Schwab U.S. TIPS ETF Stock Up 0.3%

Shares of NYSEARCA:SCHP opened at $26.53 on Friday. The company has a 50-day moving average price of $26.72 and a 200 day moving average price of $26.69. Schwab U.S. TIPS ETF has a 12 month low of $26.27 and a 12 month high of $27.19.

About Schwab U.S. TIPS ETF

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.