Hirtle Callaghan & Co LLC Acquires 305,881 Shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP)

Hirtle Callaghan & Co LLC lifted its holdings in Schwab U.S. TIPS ETF (NYSEARCA:SCHP) by 80.7% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 684,842 shares of the company’s stock after purchasing an additional 305,881 shares during the period. Schwab U.S. TIPS ETF accounts for approximately 0.7% of Hirtle Callaghan & Co LLC’s portfolio, making the stock its 22nd biggest holding. Hirtle Callaghan & Co LLC owned 0.32% of Schwab U.S. TIPS ETF worth $17,689,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Coastwise Capital Group LLC increased its stake in shares of Schwab U.S. TIPS ETF by 7.2% in the third quarter. Coastwise Capital Group LLC now owns 6,037 shares of the company’s stock worth $324,000 after purchasing an additional 408 shares during the period. Global Retirement Partners LLC increased its stake in shares of Schwab U.S. TIPS ETF by 2.0% in the fourth quarter. Global Retirement Partners LLC now owns 20,827 shares of the company’s stock worth $538,000 after purchasing an additional 409 shares during the period. Bakala Capital LLC increased its stake in Schwab U.S. TIPS ETF by 3.0% during the third quarter. Bakala Capital LLC now owns 14,993 shares of the company’s stock valued at $804,000 after acquiring an additional 430 shares during the period. Passive Capital Management LLC. increased its stake in Schwab U.S. TIPS ETF by 1.3% during the third quarter. Passive Capital Management LLC. now owns 38,687 shares of the company’s stock valued at $2,075,000 after acquiring an additional 484 shares during the period. Finally, Salem Investment Counselors Inc. increased its stake in Schwab U.S. TIPS ETF by 91.8% during the fourth quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock valued at $27,000 after acquiring an additional 506 shares during the period.

Schwab U.S. TIPS ETF Stock Performance

Shares of SCHP opened at $26.66 on Monday. Schwab U.S. TIPS ETF has a 12-month low of $25.46 and a 12-month high of $26.96. The stock’s 50-day moving average price is $26.30 and its 200 day moving average price is $26.32.

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.