TPG Advisors LLC Makes New $277,000 Investment in Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

TPG Advisors LLC acquired a new stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP) in the 2nd quarter, HoldingsChannel reports. The fund acquired 5,326 shares of the company’s stock, valued at approximately $277,000.

A number of other institutional investors also recently modified their holdings of SCHP. Lincoln National Corp increased its holdings in Schwab U.S. TIPS ETF by 18,532.4% during the 2nd quarter. Lincoln National Corp now owns 4,087,949 shares of the company’s stock valued at $212,614,000 after purchasing an additional 4,066,009 shares during the period. Perella Weinberg Partners Capital Management LP purchased a new position in shares of Schwab U.S. TIPS ETF during the fourth quarter valued at approximately $103,053,000. Nepc LLC bought a new position in shares of Schwab U.S. TIPS ETF during the fourth quarter valued at approximately $78,399,000. Elm Partners Management LLC lifted its stake in Schwab U.S. TIPS ETF by 53.8% in the second quarter. Elm Partners Management LLC now owns 1,756,878 shares of the company’s stock worth $91,375,000 after acquiring an additional 614,367 shares during the period. Finally, BlueSky Wealth Advisors LLC bought a new position in Schwab U.S. TIPS ETF in the 2nd quarter worth $31,869,000.

Schwab U.S. TIPS ETF Price Performance

SCHP stock opened at $53.65 on Friday. Schwab U.S. TIPS ETF has a 1 year low of $49.50 and a 1 year high of $53.90. The firm has a 50-day moving average of $52.86 and a 200 day moving average of $52.17.

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.